A loan helped to purchase spare parts for repairing heating systems, thus, finish his current work projects on time and create a better living for his two school-aged kids.

Armenak's story

Meet Armenak, a hard-working electrician from Yerevan. He lives with his wife and two school-aged children. Being the only breadwinner of the family, he has provided electronics repair services for almost four years. He also specializes in the repair of heating systems. Armenak is a well-known master among locals, and thus the demand for his services is growing.

Armenak applied for financial support with an aim to develop his business. With the provided loan, he plans to purchase spare parts for heating systems. He is sure that this will help to finish his current projects on time and later attract more profitable ones. Armenak is full of hope to increase his income and create a better living for his two lovely kids.

This loan is special because:

It supports informal business owners that have fewer opportunities.

Loan details

Lenders and lending teams

Loan details