100%

funded

Total loan: $850

Petros

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Vanadzor, Lori Province, Armenia / Clothing

Petros's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy a lot winter season clothes which are already of great demand among his customers.


Petros's story

Petros is 53 years old and he lives with his family in Vanadzor city of Lori region. Petros has a great experience with the partnership with Kiva and Nor Horizon and he hopes that he will manage to receive already his fifth Kiva loan.

Petros has run his small cloths trading business for 25 years, which is the only source of income for his family. He rents a stall at the Vanadzor wholesale market and sells men's and women's clothes of various fashion, sizes and seasons. He is very skilled in this field and, thanks to his polite and patient attitude he attracts a lot of customers who very soon become his loyal customers. The merchandise for his stall he brings in from the Yerevan wholesale market once a month. His wife helps him in his business and he is very happy to keep this business already many years. Petros has a son (he is a student) and a daughter.

This time again Petros relies on Kiva support since with this loan of 400.000 Armenian drams Petros wants to buy a lot winter season clothes which are already of great demand among his customers.