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Zina Y

Zina is from Armenia. She has 2 children. She needs a loan of $1,550 to buy cattle.

Services
Community:
Sisian
Country:
Armenia
other entrepreneurs here Armenia

Summary

Zina is from Armenia. She has 2 children. She needs a loan of $1,550 to buy cattle.

  • Top Goals To buy cattle
  • Children Helped 2

Zina's Story

Zina Yeghoyan earns a living through farming and raising cattle in Sisian, Armenia. Her main business concern is insufficient space for her cattle to forage and infections that prevent her from selling healthy cattle.

With a loan from World Vision, Zina will buy more cattle. With the profits from her loan, Zina plans to increase the business further by buying more cattle and more lands to cultivate.

Zina's family, including her husband and two sons, are all involved in her business, and they will have a stable income and the ability to cover their daily needs. Zina also anticipates that her growing business will benefit others in her community.

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Industry Info

In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.

Zina'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.

Zina's Mid Term Update April 06, 2013

Thank you for partnering with World Vision Micro to provide Zina Yeghoyan with a small loan for her farming and livestock business. Zina used her loan of $1,550 to buy cattle to raise. She continues to make weekly payments of $9 on time.

With the profits she has earned from her growing business, Zina is able to purchase food for the animals and purchase equipment.

Zina's child continues to study in school. Thanks to Zina’s hard work, she will be able to provide a brighter future for her child.

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

Total Amount
$1,550

Amount raised

$1,550
$1,550
100%

Help Zina

31 Donors

  • Lynn
    August 18, 2011
    Contributed to 30 other loans
  • Nancy
    August 18, 2011
    Contributed to 30 other loans
  • Eunice
    August 19, 2011
    Contributed to 10 other loans
  • Patricia
    August 19, 2011
    Contributed to 31 other loans
  • Donna
    September 06, 2011
    Contributed to 30 other loans
  • Nathan
    September 22, 2011
    Contributed to 0 other loans
  • Larry
    September 23, 2011
    Contributed to 20 other loans
  • Philip
    September 24, 2011
    Contributed to 8 other loans
  • Joyce
    September 25, 2011
    Contributed to 11 other loans
  • John
    September 25, 2011
    Contributed to 14 other loans
  • Morgan
    September 28, 2011
    Contributed to 29 other loans
  • Elaine
    September 28, 2011
    Contributed to 27 other loans
  • Cara
    September 28, 2011
    Contributed to 17 other loans
  • Rebekah
    September 28, 2011
    Contributed to 1 other loans
  • Debra
    September 28, 2011
    Contributed to 30 other loans
  • Tracy
    September 28, 2011
    Contributed to 28 other loans
  • Sherry
    September 28, 2011
    Contributed to 1 other loans
  • Elizabeth H
    September 28, 2011
    Contributed to 31 other loans
  • Millicent
    September 28, 2011
    Contributed to 33 other loans
  • Margo
    September 28, 2011
    Contributed to 3 other loans
  • Amelia
    September 28, 2011
    Contributed to 19 other loans
  • Ade
    September 28, 2011
    Contributed to 0 other loans
  • Ronald
    September 29, 2011
    Contributed to 29 other loans
  • Karin
    September 29, 2011
    Contributed to 11 other loans
  • Carolyn
    September 30, 2011
    Contributed to 30 other loans
  • Cara
    September 30, 2011
    Contributed to 2 other loans
  • Jennie
    September 30, 2011
    Contributed to 38 other loans
  • Ann
    October 03, 2011
    Contributed to 8 other loans
  • Chuck & Carol
    October 04, 2011
    Contributed to 0 other loans
  • David
    October 04, 2011
    Contributed to 7 other loans
  • Frederick
    October 05, 2011
    Contributed to 7 other loans

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