A loan of $3,000 helped to purchase new clothing for his store.


Zaven's story

Zaven Sedrekyan lives in the Shirak region of Armenia in the town of Artik. He is university-educated. Due to limited employment opportunities, for the past fifteen years he has been a self-employeed entrepreneur. He owns a small business selling a range of clothing. He is married with two children – a 17 year old daughter and a 19 year old son. He supports his relatives with clothes from his store. His dream is to have both his children graduate from university. He considers himself an honest and hardworking person. Zaven is seeking a loan to expand the range of clothing in his store. With the investment he expects his family income to grow by 20 percent. His store is in a good location and Zaven has many loyal clients. Someday he would like to open a second shop and upon retirement leave the businesses to his children.



Loan details


Lenders and lending teams



Loan details