Funded

Total loan: $1,750
Powered by 62 lenders

Mkhitar

Armenia
Lori region, Armenia / Livestock

A loan of $1,750 helped to buy several piglets and a lot of animal fodder.


Mkhitar's story

Mkhitar is 42 years old and he lives in the village of Debet in the Lori region. Mkhitar has three children, two daughters and a son. His son is in the army, his elder daughter is a student and at the same time she works, and his smallest daughter is still school-aged.

Mkhitar works at a stone workshop as a smoother and he also, together with his wife, is engaged in farming. There was a time when their farm was richer and bigger and Mkhitar did all the work with his parents, but suddenly his parents had some health problems and in order to pay for their medicine and treatments, Mkhitar had to sell some part of their farm cattle. As he says, fortunately all those difficulties are in the past and his parents are healthy.

Today he is doing his best to make his farm richer. On his farm he has cows, calves, a bull and chickens. The barn for all of it he has built on his own. He manages to sell a lot of milk, meat and eggs at the wholesaler in their city and this income is a great support for his large family.

Mkhitar asks for a loan of 700,000 Armenian drams in order to buy several piglets and a lot of animal fodder since he wants to make it as great and as rich as it used to be before.



Loan details

Loan length:

38 months
Disbursed date: December 12, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams




Loan details

Loan length:

38 months
Disbursed date: December 12, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company