Funded

Total loan: $2,950
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Karine

Armenia
Artik, Armenia / Clothing Sales

A loan of $2,950 helped stock inventory of clothes.


Karine's story

Karine A. is from the village of Artik in the Shirak region of Armenia. She is married with a daughter and two sons. She has a high-school education from her hometown of Artik.

Karine has been working as a self-employed businesswomen selling clothes. She is looking for a loan to stock her inventory of clothes for the autumn season. She considers herself an honest, hard worker.

With a loan, she is expecting to increase the family income by 30%. In addition to providing for her family, Karine also supports the family of her husband’s brother and her cousin. It is her dream to purchase a retail office for her business; currently she is renting office space. By increasing her inventory, she will be able to increase the variety of clothes available for customers.

She has lived in Artik her whole life and enjoys being close to relatives and friends.



Loan details

Loan length:

20 months
Disbursed date: August 13, 2010
Facilitated by Field Partner: AREGAK Universal Credit Organization

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: August 13, 2010
Facilitated by Field Partner: AREGAK Universal Credit Organization