A loan of $3,000 helped the purchase of raw material.

Gevorg's story

Gevorg N. is from the town of Artik in the Shirak region of Armenia. Gevorg’s goal is to provide a university education for his seventeen year old daughter and nineteen year old son. He would also like to fulfill his wife’s dream to renovate the family home.

To meet these goals, Gevorg would like to expand his furniture production business. He has been in this business for eleven years, running the company since his father’s retirement. Gevorg is looking to the favorable terms and service of microfinance to invest in his business.

He wants a loan to purchase additional raw materials for the furniture business. According to his business plan, this investment will grow his family income by twenty percent.

Gevorg is a well respected business man in Artik and enjoys living close to his extended family and friends. The proceeds from the investment will also help Gevorg to support his parents and his brother’s family.

Loan details

Lenders and lending teams

Loan details