Total loan: $1,050


Dovegh village, Tavush region, Tavush Province, Armenia / Services

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A loan helped to buy spare parts in order to deliver full-service repairs and increase his earnings to direct towards the well-being and education of his children.

Artak's story

Meet Artak, a 35-year-old auto mechanic from Tavush region, a region that is considered to be a conflict zone.

Artak lives with his wife Lusine and three children; Luiza (12), Armen (4) and Anna (2). Artak is the main breadwinner for the family and he delivers auto repair services to his customers. He already has his loyal customer base who always trust his professionalism and responsible approach to his work.

Artak has requested this loan which is within the start-up loan program providing loans with soft conditions to informal businesses that do not have access to credit products. With the financial assistance provided, he is going to purchase spare parts to use while repairing broken cars in order to deliver full-service repairs.

He believes that with this he can earn more income and ensure a better living for his children.

Artak is determined to work hard and provide his children all opportunities needed for getting a proper education. He is full of hopes and strives for brighter future.