Avetik is from Sisian, Armenia. He needs a loan of $1,475 to purchase livestock and beehives.
Avetik is from Sisian, Armenia. He needs a loan of $1,475 to purchase livestock and beehives.
Avetik is from Sisian, Armenia and he keeps livestock and cultivates land. Avetik would like to develop his farm and begin beekeeping, but he does not have capital needed at this time.
With a loan through World Vision, Avetik will be able to purchase livestock and beehives to expand his farm as he would like. He will then be able to sell more products and generate income. Additional income created will allow him to reinvest in his business and improve the standard of living for him and his family.
In the future, Avetik wants to continue expanding his farm and meet the needs of his community.
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.
Avetik Hakobyan does not have any updates yet.
