Funded

Total loan: $3,000
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Jivan

Armenia
Yerevan, Armenia / Barber Shop

A loan of $3,000 helped opening of a women's section in a hair dressing salon.


Jivan's story

Upon serving two years in the army, Jivan B., a 29-year-old father, returned home and started a job search. He found a job at a small hair salon and eventually picked up the skills needed to become a hair dresser. Due to his sought-after skills and optimistic outlook on life, he established a small client base that enabled him to purchase a small salon.

He lives with his wife, their four-year-old child, his mother and sister. He is the main breadwinner of the family; however, his mom and sister help out with business.

Jivan’s salon currently serves only male customers, but he is looking forward to expanding his business to serve a female clientele, which has traditionally been a more lucrative endeavor. Jivan is looking forward to expanding his business to secure the future of his child and family as they continue their lives on the outskirts of Yerevan.



Loan details

Loan length:

26 months
Disbursed date: May 21, 2010
Facilitated by Field Partner: SEF International

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: May 21, 2010
Facilitated by Field Partner: SEF International