Funded

Total loan: $2,250
Powered by 84 lenders

Armen

Armenia
Sevan, Armenia / Spare Parts

A loan of $2,250 helped to adapt and repair part of his shop for a household goods trading organization and to buy merchandise for it.


Armen's story

Armen A. is 29 years old. He is married and lives in Tsovaghugh village in the Sevan area with his wife and his 1-year-old baby.

Armen is a mechanical engineer, but he manages his own business: spare parts for cars. In the near future, Armen will become a father for the second time, so he intends to increase his family’s income thanks to his business development.

To achieve his goal, Armen asks for a 800,000 Armenian drams loan, which will allow him to adapt and repair part of his shop for a household goods trading organization and to buy merchandise for it.



Loan details

Loan length:

26 months
Disbursed date: October 28, 2010
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: October 28, 2010
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company