Funded

Total loan: $3,000
Powered by 66 lenders

A loan of $3,000 helped to purchase barley seeds, to buy some fertilizers, purchase forage for the livestock, and to buy fuel for agricultural machinery.


Henrik's story

Henrik is a young farmer from Haykadzor village, Shirak region. His family consists of his parents and two brothers. His younger brother is currently in the military service in the army. Henrik's father has gone to Russia as a labor migrant; he works there and sends money to the family to take care of their needs.

With the help of his mother and brother, Henrik is extensively engaged in agricultural business. He is involved in cattle breeding, in aviculture, in breeding sheep, pigs, and piglets, and in cultivation of wheat. With the help of his family members Henrik sells the agricultural produce in the local market, which is the most important source of their income.

As the winter is very close, Henrik needs to make some investments to prepare his agricultural business for the winter. A loan of USD 3000 will be a huge support to this young hard-working farmer and his family, enabling him to purchase barley seeds, buy some fertilizers, purchase forage for the livestock, and to buy fuel for agricultural machinery.

Henrik and his family rely on the goodwill of the lenders and will highly appreciate their support in collecting the needed amount of the loan.



Loan details

Loan length:

27 months
Repayment schedule: Irregularly
Disbursed date: October 28, 2013
Facilitated by Field Partner: SEF International

Lenders and lending teams



Loan details

Loan length:

27 months
Repayment schedule: Irregularly
Disbursed date: October 28, 2013
Facilitated by Field Partner: SEF International