Total loan: $1,200


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Sevan, Gegharkunik Province, Armenia / Food

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A loan helped to buy food for reselling in his shop.

Saribek's story

Saribek is 44 years old and lives in Sevan city with his wife. He has three daughters who are married and live separately from their parents with their new families. Saribek graduated only secondary school and has no specialization, as after serving in the Soviet army, he married and didn't have the ability to study in University. He started to work as a foreman in a bread factory in order to sustain his newly created family. Saribek has dreamed to become an economist. He worked as a foreman until 2002, when he decided to create his own business. He launched a food-trading business in the food market of Sevan city. This activity brought him more profit, and his family income increased and enabled him to buy a small shop. In 2007, he started to do his food-trading business in his own shop. He sells dairy products, bread, meat, oil, some non-alcoholic drinks, candies, etc. Today, Saribek is very pleased with his life. He confessed that though he didn't become an economist, he has three wonderful children, which are his great pride and gift in life. Saribek needs a 500,000 Armenian Drams loan to increase his food assortment by buying food for reselling in his shop, which will help him to receive a good profit and to enlarge his business in the future.