Total loan: $1,950
Vanadzor, Lori Province, Armenia / Retail
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A loan helped To increase her store’s stock of household items by buying merchandise from Yerevan wholesale markets.
Marieta lives in Vanadzor, Armenia, and is a mother of two children, a daughter and a son. She is a 50-year-old widow and it is clear how difficult it is to take care of her family alone. Recently her daughter got married and now she lives separately from the rest of the family. Marieta’s son is still a school-aged boy. Marieta has been engaged in retail sales for eight years; her small store is very popular in her district. She brings the products she needs for her store from Yerevan wholesale markets in a rented car. In her store, one can find different kinds of products: household items, beautiful vases for flowers, crockery, shampoo and hair brushes, etc. The variety of it is very large, so you can buy anything you need. Marieta has already taken a loan from Kiva once, and the success and support that she has had from it encouraged her to ask for help again. She needs 800,000 Armenian drams (AMD) to increase her store’s household goods from Yerevan wholesale markets. In this way, she has decided to increase the income from her trading.