Funded

Total loan: $2,225
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Hakob

Armenia
Gavar, Armenia / Livestock

A loan of $2,225 helped to buy two calves and animal fodder for the winter months, which will allow him to receive a good profit from his farming.


Hakob's story

Hakob is 27 years old and he lives in Gavar city, which is in the Gegharkunik region. Unfortunately, Hakob’s father and mother died several years ago and he lives in their house with his two brothers. His brothers have no constant work; they do construction work around their city. There was a time when Hakob was jobless and he left for the Russian Federation to work abroad, but he came back after several years and decided to establish a farm.

Now, Hakob has a rich farm, where he keeps five cows, four bulls, four calves, and twenty chickens. He also cultivates potatoes and cabbage, which he sells to re-sellers. Hakob has seriously decided to become a skilled and clever farmer, thus he does everything himself, with great pleasure and enthusiasm.

Hakob seeks a loan of 900,000 Armenian drams in order to buy two calves and animal fodder for the winter months.



Loan details

Loan length:

26 months
Disbursed date: October 7, 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: October 7, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company