Total loan: $2,175
Sevan, Gegharkunik Province, Armenia / Food
Andranik's loan finished fundraising,
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A loan helped to buy provisions and household goods for his business.
Andranik is 36 years old. He lives in the Tsovagyugh village in the Syunik region together with his wife and three children. Andranik's daughters attend a school, and son goes to kindergarten. Andranik is involved in agriculture and, parallel to that, sales of products and household goods. His farm includes 3 cows, 2 calves and 20 chickens. He has been selling food products and household goods for 10 years at a small wagon, which is located in close proximity to his home. His wife helps him with the sales. Thanks to their business and farm, they can support their family. Andranik needs a loan in the sum of 800,000 dram to expand the assortment of his wagon-store, especially to buy an inventory of pasta, canned goods, sunflower oil and also a large inventory of laundry detergents and cleaning supplies. Andranik plans to use the future profit to build a new store for his retail business.