Funded

Total loan: $3,000
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Armen

Armenia
Yerevan, Armenia / Clothing Sales

A loan of $3,000 helped to buy hats, gloves and underwear for resale.


Armen's story

Armen M. trades in hats, gloves and underwear. To be financially secure and ensure a stable income for himself and his family Armen, an economist by profession, started up this business six years ago.

Currently, Armen rents out three trading spots at a busy metro underground market. As the cold weather is not over yet, Armen needs to bring in more stock.

Armen also takes care of his retired parents who live in the same household.



Loan details

Loan length:

27 months
Disbursed date: January 25, 2011
Facilitated by Field Partner: SEF International

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: January 25, 2011
Facilitated by Field Partner: SEF International