A loan of $2,800 helped to buy petrol and diesel oil for his business.


Garegin's story

Garegin Z. is 56 years old. He lives in the Ddmashen Village, Sevan area with his wife and two school-aged children. His wife doesn't work, but cares for their children.

Garegin has a higher education. He is a physicist and, for about 19 years, he worked in his specialty. But after 1996, because of changes in Armenia's economic situation, he lost his job. So he organized his own petrol and diesel oil business, which he runs from his garage. At the same time, Garegin is engaging in animal farming. Thanks to his two occupations, Garegin supports his family and saves money for his children's higher education.

Garegin is asking for a loan of 1,000,000 Armenian drams to buy petrol and diesel oil for his business.



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