Funded

Total loan: $2,075
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Mher

Armenia
Kapan, Armenia / Farming

A loan of $2,075 helped to buy five bulls and animal fodder to enrich their farm and make a profit.


Mher's story

Mher and his big nice family lives in Kapan city which is in Syunik region. He is married and he lives with his wife, father, brother and sister. Mher’s mother unfortunately died two years ago. His father works as a driver. The only person that helps Mher in farming is his brother, who works very hard and spends all his time on care of the farm animals. On the farm they keep a cow, a horse, eight piglets and fourteen pigs. Together they perfectly manage to sell a lot of pork during a month at Kapan; Kajaran butchers and the amount of income satisfies them. Nevertheless they have some new plans, since the family will become bigger and expenses as well. Mher in the near future will become a father; his brother also has plans of getting married; they also must take care of their sister. So, they have decided to take a loan in order to buy five bulls and animal fodder, to enrich their farm and make a profit of it.



Loan details

Loan length:

26 months
Disbursed date: June 21, 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 21, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company