Funded

Total loan: $3,000
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Arman

Armenia
Yerevan, Armenia / Upholstery

A loan of $3,000 helped purchasing sewing machines and upholstery fabric.


Arman's story

Arman G. is married with one child. The family lives with Arman’s parents who are pensioners. Arman’s wife takes care of their child. Arman has been running a car seat and furniture upholstery renovation business since 1995. Currently he is using two old sewing machines at his rented small factory room. To revive the business Arman would like to replace the old sewing machines with new ones and get a large volume of good quality fabric. This will increase Arman’s profit by 25%.



Loan details

Loan length:

25 months
Disbursed date: October 4, 2010
Facilitated by Field Partner: SEF International

Lenders and lending teams



Loan details

Loan length:

25 months
Disbursed date: October 4, 2010
Facilitated by Field Partner: SEF International