Total loan: $2,700
Sevan, Gegharkunik Province, Armenia / Personal Use
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A loan helped to buy a car of his own which he will use for his family’s needs and as a taxi.
Armen is 23 years old and he lives in Sevan city. He is not married and he lives with his parents and retired grandfather; his sister is already married and she lives separately with her family. Armen’s father works as a driver; his mother is a saleswoman at a shop. Armen himself simultaneously works and studies. He is taking a correspondence course at the Crisis Management Academy and he will become rescuer. At the same time he works at a taxi service as a driver. Armen has taken out a loan from Nor Horizon already three times and he has never had any delays in repayment. This time he has decided to cooperate with Kiva and he asks for a loan of 1,100,000 Armenian drams in order to buy a car of his own which he will use for his family’s needs and also as a taxi and thus he will work independently from the taxi service and earn more money for his family.