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Aug 29, 2016 8:55 EST

Armenia: Vardenik – A loan of $1,175 helps to buy fodder for her farm cattle and also diesel fuel for land cultivation work.

iCrowdNewswire - Aug 29, 2016

Vardenik

Armenia
 
 
Borrower image
 

Vardenik’s story

Vardenik is 58 years old and she lives in Tavros village of the Syunik region. Now she lives alone since her husband and two children are in the Russian Federation for work abroad.

She used to work at the village library as a librarian but now her only occupation is farming. She has cows, bulls, pigs, piglets, chickens and also bee hives. All day long she is busy with her farm care and also land cultivation. She sells a good deal of milk, cheese, meat, eggs, honey and also her land’s potatoes. Vardenik has a lot of customers since her farm products are always fresh and tasty.

This loan of 550,000 Armenian drams she asks since she would like to buy fodder for her farm cattle and also diesel fuel for land cultivation work. 

Show previous loan details

This loan is special because:

It reaches rural populations with less access to opportunity. 

Kendra Thorogood
Kiva staff 

More about this loan

This loan is designed for borrowers in rural areas with a special focus on the agribusiness sector in Armenia.

About Nor Horizon: 

“Nor Horizon” UCO LLC is committed to promoting poverty alleviation in Armenia by providing high-quality financial and other business development services to enterprising individuals in under-served rural and urban markets who have a strong will to establish and develop their own small-scale businesses. Originally created as the Armenian micro credit program of Oxfam (Great Britain) in late 1995, “Nor Horizon” LLC has been licensed under supervision of the Central Bank of Armenia since early 2006.

For more information about “Nor Horizon,” please visit the partner page or website.

To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.

A loan of $1,175 helps to buy fodder for her farm cattle and also diesel fuel for land cultivation work.

Contact Information:

Vardenik

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