A loan of $2,025 helped to purchase clothes for retail.


Armen's story

Armen L. lives in the city of Gyumri. Gyumri is located in the Shirak region of Armenia. Armen is newly married; he has no children. He has been working in retail trade for the past two years. Microfinance services have enabled him to expand his business.

Armen dreams of owning his own store and his own home. Armen and his wife hope to have a big family. He is looking for a loan to purchase more clothes for the business. With this investment, his family income can grow by 20 percent. Armen enjoys living in Gyumri near his extended family and friends.



Loan details


Lenders and lending teams



Loan details