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Guyane is from Armenia. She has 2 children. She needs a loan of $1,200 to purchase seeds.
Guyane is from Armenia. She has 2 children. She needs a loan of $1,200 to purchase seeds.
Gayane is a farmer in Armenia. She breeds cattle and cultivates land for a living. Guyane has requested a loan from World Vision in order to purchase seeds so that she may start cultivating her land and plant this years crops. The loan will also allow her to hire workers to help with this.
Gayane lives with her husband and two sons and hopes that this year's harvest will earn more income from its sales. She believes that larger crops will provide her with greater financial stability and help her provide a better life for her family.
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.
The community of Future with Faith is 75 miles north of Yerevan, the capital of Armenia. It is an urban area with poor infrastructure. It is made up of four neighborhoods and two villages. The area was built after the devastating earthquake back in 1988. People were brought there from different parts of the city and had no history of living together or caring for each other. They still remember their former homes and neighbors and they feel they haven’t been treated fairly by the government. People have lost hope and trust. Perceptions are connected with the change of generations and so the challenges remain of helping people to understand the reality.
In Future with Faith, World Vision is educating parents and teachers about children’s rights, renovating schools and supplying sports equipment and learning materials, and teaching children about personal hygiene and nutrition that helps to improve their health. Microfinance is helping people to establish their businesses and grow their clientele to stabilize their earnings and provide for their families.
Anna began selling gata, a traditional Armenian pastry, to help supplement her husband’s income. It was a slow and labor-intensive project but Anna was persistent. When she received her first loan, she rented a small space and purchased an oven. After repaying her first loan, she took out a second loan to purchase a mixer. Today, she has work for her three grown children and employs two women, one a single mother of three. A small loan can make a huge difference.
Thank you for partnering with World Vision Micro to provide Guyane N with a small loan for her farming and livestock business. Guyane used her loan of $1,200 to purchase seeds. She continues to make weekly payments of $11 on time.
With the profits she has earned from her growing business, Guyane is able to purchase fertilizer and pay for transportation.
Guyane's two children continue to study in school. Thanks to Guyane’s hard work, she will be able to provide a brighter future for her children.
Thank you for supporting Guyane's small business through World Vision Micro!
