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Ashkhen S

Ashkhen is from Armenia. She needs a loan of $1,525 to purchase cattle.

Agriculture/Animals
Community:
Kapan
Country:
Armenia
other entrepreneurs here Armenia

Summary

Ashkhen is from Armenia. She needs a loan of $1,525 to purchase cattle.

  • Top Goals To purchase cattle
  • Dependants Helped 1

Ashkhen's Story

living in the rural town of Kapan, Armenia, Ashkhen works alongside her husband on their farm. Although they work hard their farm is only producing enough to barely meet their needs. She would like to start raising cattle to supplement their income but she has not been able to purchase additional cows.

With a loan from World Vision, Ashkhen will be able to purchase cattle. The additional income she earns will enable her to develop a sustainable business and improve their living conditions.

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Industry Info

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.

Ashkhen's Community

There is no community update available at this time.

Ashkhen's Mid Term Update October 12, 2013

Thank you for empowering Ashkhen Sargsyan with the opportunity to expand her cattle raising business. With the $1,525 loan Ashkhen was able to purchase additional cattle.

Ashkhen is on her way to repaying her small business loan, as she makes weekly payments of $9. Thanks to the profits she has earned, Ashkhen can afford to purchase food for the animals and expand her current business.

Thank you for supporting hardworking entrepreneurs like Ashkhen and World Vision Micro!

Ashkhen's Final Update April 11, 2015

Thank you for supporting the small loan for Ashkhen Sargsyan to improve her livestock business. She invested her loan of $1,525 to purchase additional cattle to raise and sell for a better profit.

Ashkhen has now repaid her loan in full. In addition to repaying her loan, Ashkhen has used her additional income to purchase food for the animals and expand her current business.

The loan Ashkhen received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Ashkhen hopes to expand her current business and purchase more livestock.

Thank you for your support of Ashkhen and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$1,525

Amount raised

$0
$0
0%

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