Kiva Loan Dedication

Khariton

Wholesale
Wholesale
Armenia
Sevan
Armenia
$2,400
Loan
Amount

Khariton is a young accountant who continues to sell groceries and produce in Sevan. Khariton's previous loan with KIVA allowed him to resell a large batch of sweets, juices, coffee and other groceries. He made a tidy profit from that venture which he invested in expanding his inventory and his business. At the beginning of the year Khariton stopped renting his store space and now rents a warehouse and sells groceries in bulk to other grocery stores. He purchases his inventory once a week from warehouses in Yerevan, transports all the purchases in his warehouse in Sevan…

Khariton is a young accountant who continues to sell groceries and produce in Sevan. Khariton's previous loan with KIVA allowed him to resell a large batch of sweets, juices, coffee and other groceries. He made a tidy profit from that venture which he invested in expanding his inventory and his business. At the beginning of the year Khariton stopped renting his store space and now rents a warehouse and sells groceries in bulk to other grocery stores. He purchases his inventory once a week from warehouses in Yerevan, transports all the purchases in his warehouse in Sevan then delivers them to grocery stores in Sevan area. To expand his whole sale business Khariton needs to borrow 1,000,000 Armenian drahm which he will use to purchase shipments of coffee, pasta and confectioneries as well as sugar for resale in Sevan.

To: Alexis Ohanian

I chose this loan because... Coffee in Armenia!

Dedicated
April 24, 2013
by Christina