Love making a difference with Kiva? Your donations keep us running.

Thank you for the impact you’ve made this year! Together we’ve funded more than 170,000 loans and raised more than $120 million for financially excluded people around the world. It costs us more than $3 to facilitate each $25 loan, and we rely on optional donations from individuals like you to cover our costs.

Other amount

100%

funded

Total loan: $1,575

Mnacakan

Vanadzor town, Lori Province, Armenia / Arts

Mnacakan's loan finished fundraising, but these other borrowers need your support


A loan helped to buy materials and paint for his frame manufacturing business; thereby finish the orders on time and ensure a proper education for his younger child.


Mnacakan's story

Meet Mnacakan, an experienced craftsman from Vanadzor. He shares his living with his pensioner mother and two children (one is school-aged).

Being the main breadwinner of the family, Mnacakan is involved in frame making. He partners with local painters and tries to attract new talents as well. He runs his business in a workshop near his house. He gets many orders from different individuals and galleries.

Currently, he has several orders that are due, and Mnacakan needs financial support to keep up with them. With the provided loan, he will buy materials and paint for his frame manufacturing business. This will help him finish the orders on time and increase his income.

Mnacakan hopes to reach the desired outcome and ensure a proper education for his younger child.