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Svetlana is from Armenia. She has 1 child. She needs a loan of $1,000 to purchase seeds, fertilizer and fuel.
Svetlana cultivates land and breeds cattle. She lives with her husband, son, daughter-in-law, grandchild and parents-in-law.
Svetalana needs a World Vision loan to purchase seeds, fertilizer and fuel to help her organize and cultivate the land for a good harvest. She has applied for a loan in amount of USD 100.
This World Vision loan will generate income to allow her to give her family a good quality of life and economic stability.
The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.
Armenians have their own distinctive alphabet and language. They have a history rich in culture and like to celebrate their heritage. After independence, the importance of agriculture increased. Worries of food insecurities rose during the first phases of transition. Farmers are still limited in their access to credit, markets, training, and new technology.
Located in the southern region of Armenia, Sisian has long, cold winters and cool summers. Traditionally an agricultural region, residents of Sisan were unwillingly involved in conflicts arising from the collapse of the Soviet Union in 1991. This conflict damaged the economy and the infrastructure as well as creating a heavy psychological toll for those involved.
Today, World Vision has enabled residents to begin addressing essential needs such as access to clean water, nutritious food, quality education, and vocational training.
Thank you for empowering Svetlana Hovhannisyan with the opportunity to expand her agriculture business. With the $1,000 loan Svetlana was able to purchase seeds, fertilizer and fuel.
Svetlana is on her way to repaying her small business loan, as she makes weekly payments of $6. Thanks to the profits she has earned, Svetlana can afford to provide healthcare for her family, do home repairs, and expand her current business.
Svetlana hopes to provide her child with a brighter future and so her child continues to study in school.
Thank you for supporting hardworking entrepreneurs like Svetlana and World Vision Micro!