A loan of $1,450 helped to buy a summer clothes assortment for her stall.

Astghik's story

Astghik is 64 years-old. She is a pensioner and lives with her husband in Kapan city. She has two daughters and a son which are all married and who live with their families separately.

Pensioner’s stipends in Armenia are very low and Astghik and her husband have to work in order to sustain their family. Since 2008, Astghik and her husband are engaged in a clothing business. They rent a stall in the Kapan clothes market and they sell children and women's clothes which they buy from Yerevan clothes wholesale markets once a month. Astghik is very happy that she is able to meet her family needs and help her children with her business income.

This is the first deal with Kiva for Astghik and she asks for a loan of 600.000 Armenian drams in order to buy a summer clothes assortment for her stall in Kapan. She hopes that with Kiva lenders support she will receive good profits.

Loan details

Lenders and lending teams

Loan details