Lightbox_close_button

Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.

READ MORE…

This loan is fully funded. Search for similar loans.

Karlos M

Karlos is from Armenia. He has 3 children. He needs a loan of $1,000 to purchase seeds, saplings, and fertilizer.

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

Summary

Karlos is from Armenia. He has 3 children. He needs a loan of $1,000 to purchase seeds, saplings, and fertilizer.

  • Top Goals To purchase seeds, saplings, and fertilizer.
  • Children Helped 3

Karlos's Story

Karlos Mnatsakanyan keeps an orchard and cultivates his land in Meghry, Armenia. Karlos would like to cultivate more land and develop the agriculture of the land, which will require financial investments.

With the requested loan from World Vision, Karlos plans to purchase seeds, saplings, and fertilizer in order to continue the farms on the land. With the loan’s help Karlos will cultivate his current land and start cultivating new land.

Download PDF

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.

Karlos's Community

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.

Karlos's Mid Term Update June 12, 2013

Thank you for partnering with World Vision Micro to provide Karlos Mnatsakanyan with a small loan for his farming and livestock business. Karlos used his loan of $1,000 to purchase seeds, saplings, and fertilizer. He continues to make weekly payments of $6 on time.

With the profits he has earned from his growing business, Karlos is able to buy supplies in bulk and expand his current business.

Karlos's three children continue to study in school. Thanks to Karlos’s hard work, he will be able to provide a brighter future for his children.

Thank you for supporting Karlos's small business through World Vision Micro!

Karlos's Final Update December 10, 2014

Thank you for supporting Karlos Mnatsakanyan's farming business through World Vision Micro. Karlos invested his small business loan of $1,000 to purchase seeds, saplings, and fertilizer for his orchard. He has made weekly payments of $6 and has now fully repaid his loan.

With the profits from his business, Karlos decided to expand his current business and buy supplies in bulk. Karlos's goal for the future is to earn enough so that he can further expand his current business and repair or expand their home.

Karlos's three children remain in school. Because of your donation, Karlos is able to provide a better future for his children.

Thank you for providing Karlos with hope and a future. These funds are now being recycled to support another hardworking entrepreneur in the same community.

Total Amount
$1,000

Amount raised

$1,000
$1,000
100%

Help Karlos

19 Donors

  • Jason
    August 29, 2011
    Contributed to 39 other loans
  • Robert
    December 05, 2011
    Contributed to 47 other loans
  • Matthew
    December 05, 2011
    Contributed to 15 other loans
  • Stephanie
    December 06, 2011
    Contributed to 8 other loans
  • John
    December 06, 2011
    Contributed to 43 other loans
  • Breauna
    December 06, 2011
    Contributed to 31 other loans
  • Meghan
    December 07, 2011
    Contributed to 22 other loans
  • Matthew
    December 07, 2011
    Contributed to 23 other loans
  • Fred
    December 07, 2011
    Contributed to 40 other loans
  • Heidi
    December 07, 2011
    Contributed to 43 other loans
  • Becky
    December 07, 2011
    Contributed to 28 other loans
  • Joseph
    December 08, 2011
    Contributed to 44 other loans
  • Elizabeth
    December 09, 2011
    Contributed to 38 other loans
  • Andrea
    December 09, 2011
    Contributed to 19 other loans
  • Millann
    December 09, 2011
    Contributed to 28 other loans
  • Kendal
    December 09, 2011
    Contributed to 61 other loans
  • Joshua
    December 14, 2011
    Contributed to 13 other loans
  • Andrea
    December 14, 2011
    Contributed to 5 other loans
  • David
    December 14, 2011
    Contributed to 4 other loans

Similar Opportunities