Total loan: $2,700


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Gyumri, Shirak Province, Armenia / Construction

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A loan helped additional working capital.

Gevorg's story

Gevorg A. lives in Gyumri city, one of the oldest and most beautiful cities of Armenia, which was affected by the devastating and destroying earthquake in 1987. People of Gyumri have been largely affected by the earthquake and most are still struggling to survive. Gevorg has a long experience in trading in unmounted construction materials. He buys the old, little, dilapidated temporary huts that were given to earthquake survival citizens as temporary housing after the earthquake. His customers are happy to sell those huts to him, following their move to a new apartment. He is married with two small children. Additional income would greatly assist the family. He has applied for the loan to be able to increase his working capital.