Funded

Total loan: $1,725
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Mikayel

Armenia
Kapan, Armenia / Farming

A loan of $1,725 helped to buy sheep and animal fodder.


Mikayel's story

Mikayel was born in and for many years has lived in Yervevan. After graduating from school, he went to the Russian Federation to work abroad. Saving some money, Mikayel decided to return but this time he landed in the village of Bekhi, which is in the Syunik region. Herem living completely alone, Mikayel seriously became engaged in farming. Despite his young age and living alone, Mikayel breeds 25 sheep and 15 goats. Mikayel manages to sell sheep and goat milk, which he milks by himself very handily and easily.

He used his first Kiva loan to buy fodder for his farm animals. Now he is asking for a loan of 700,000 AMD to buy eight milch (dairy) sheep and a lot of animal fodder, since he is seriously thinking of enlarging his farm and become very famous for his sheep and goat milk production.



Loan details

Loan length:

32 months
Disbursed date: June 28, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams




Loan details

Loan length:

32 months
Disbursed date: June 28, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company