A loan of $2,800 helped to purchase flour, and construct new stove.

Babken's story

Babken H. is 23 years old. He lives in the village of Ddmashen, near the town of Sevan, with his parents and his two sisters. Babken’s mother teaches biology in a Ddmashen school. His father helps him in the business. One of Babken's sister is school-aged, and the other is a teacher like their mother.

Babken is taking the Correspondence Courses at the Teachers Training College in Yerevan. Parallel to his studies, he has his own business, which consists of lavash (Armenian bread) production and sale. The bakery is in the family’s private house. Babken and his father have been running this business for 6 years.

Thanks to his first Kiva loan, Babken was able to purchase flour wholesale, as well as buy a mini lorry which he uses to deliver his products to Sevan area shops.

Babken needs a 1,000,000 AMD loan to purchase more flour at wholesale and to construct a new stove for his bread production.

Loan details

Lenders and lending teams

Loan details