Funded

Total loan: $1,150
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Armen


A loan of $1,150 helped to buy a lot of animal fodder for winter.


Armen's story

Armen is a very happy and lucky man, since he has a big and nice family, always filled with cheerful voices and games of his grandchildren. Armen lives in the village of Sevqar which is in Tavush region. He has two sons and two daughters and all of them are married and live separately. Only their youngest son lives with his parents.

Armen has no higher education, but he has always worked. For some time he used to work as a loader at the state farm, then he has worked as a storekeeper, but it is already nineteen years that he has been engaged in farming (cattle breeding, bee keeping) and agriculture. The income from it has helped Armen to cover the expenses of his children's education and their wedding parties.

Armen mentions that he loves his farm animals and takes care of them very carefully and with responsibility. He has seven cows, two bull, three calves, a horse, five piglets, twenty chickens and ten beehives. Armen’s son twice has taken loans from Nor Horizon and successfully repaid them, and now it is on his advice that Armen wants to ask for a loan from Kiva lenders.

He is asking for a loan in order to buy a lot of animal fodder, since his farm is rich with animals and he must be sure that he can provide them with a warm and well-fed winter.



Loan details

Loan length:

26 months
Disbursed date: June 12, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: June 12, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company