Funded

Total loan: $2,500
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Vardishagh

Armenia
Masis, Armenia / Livestock

A loan of $2,500 helped to purchase two steers and some forage for the livestock.


Vardishagh's story

Vardishagh is a farmer from the Masis village in the Ararat region. She lives with her husband and two sons. Her husband works in the private sector with a very low salary that does not cover the expenses of the family. For more than 15 years the family has been extensively engaged in agribusiness.

With the help of her family members, Vardishagh is engaged in livestock, including cows and hens, and in the cultivation of beans, tomatoes, eggplant, pepper, alfalfa and several fruits (peach, apricot, fig, apple, pear and walnut). Her sons help her sell the agricultural products in the local market.

As the family's needs are growing day by day, Vardishagh wants to increase the number of livestock to effectively meet her family's needs. A loan of USD 2,500 will be a great support, enabling her to purchase two steers and some forage for the livestock.

As this is Vardishagh’s first loan, it has been approved within the framework of the new joint initiative of Kiva and SEF. The First-Chance loan program provides loans to people who haven't had access to credit products before because they have no credit history. Vardishagh and her family will be very thankful to the lenders for their good will and support in collecting the needed loan.



Loan details

Loan length:

26 months
Disbursed date: October 4, 2013
Facilitated by Field Partner: SEF International

Lenders and lending teams




Loan details

Loan length:

26 months
Disbursed date: October 4, 2013
Facilitated by Field Partner: SEF International