Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Nver is from Armenia. He needs a loan of $1,475 to purchase pigs.
Nver Sahakyan lives together with his parents and sister in Eghegnadzor, Armenia. He farms and raises a herd of pigs. He would like to make his farm business more stable so that he can start his own family in the future.
Nver would like to purchase more pigs. With his larger herd, he will be able to begin breeding his pigs and create an ever-growing business. His income will increase so that he can provide his family with a sustainable and bright future.
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.
Thank you for empowering Nver Sahakyan with the opportunity to expand his farming and livestock business. With the $1,475 loan Nver was able to purchase pigs to raise.
Nver is on his way to repaying his small business loan, as he makes weekly payments of $9. Thanks to the profits he has earned, Nver can afford to purchase food for the animals and purchase fertilizer.
Thank you for supporting hardworking entrepreneurs like Nver and World Vision Micro!
Thank you for supporting the small loan for Nver Sahakyan to improve his farming and livestock business. He invested his loan of $1,475 to purchase pigs.
Nver has now repaid his loan in full. In addition to repaying his loan, Nver has used his additional income to purchase food for the family and purchase fertilizer.
The loan Nver received helped his business expand and the profits he is earning create lasting improvements in his life. In the future Nver hopes to purchase livestock and repair or expand their home.
Thank you for your support of Nver and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.