Total loan: $3,000


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Armavir town, Armavir region, Armavir Province, Armenia / Retail

Nelly's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to expand the supply of shoes at her store to meet the ever-growing demand and increase the income from sales, so that her three sons will get a proper education.

Nelly's story

This bright lady is Nelly, a business woman from Armavir town. She lives with her three sons: Hayk (20), Spartak (18) and Arnak (9) She owns two stores in town where she sells shoes and belts. As a single mom, she never stops craving for bigger projects and earning a good living for her sons. She teaches them to take risks and follow their dreams as by doing so they will reach even bigger heights. Their main income source comes from the sales of shoes. Currently Nelly's store is very well-known in the town and she has a loyal customer base, which is constantly growing.

As Nelly copes with growing demand, she decided to apply for financial support. With these funds, she plans to expand the supply of shoes at her store. This will definitely meet the ever-growing demand and increase the interest in her shoe store. Nelly hopes to have the planned results and see an increase in income in the nearest future. With the residuals from the loan she will repay the loan previously taken.

Nelly is sure that all her efforts and this financial help will give her family a solid financial ground and she will assure a proper education for her sons.