Funded

Total loan: $2,700
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Areta

Armenia
Vanadzor, Armenia / General Store

A loan of $2,700 helped to buy sausages, macaroni, coffee, tea and household goods for her shop.


Areta's story

Areta Maruqyan is 55 years old and lives in Vanadzor. She has two sons and one daughter. Two of her children are married and live separately and one son, still single, lives with Areta and her husband.

Areta and her husband opened a shop across from their house three years ago, but they have been in this business for 13 years. They sell groceries and household goods such oil, paper goods, towels, toys, jam, soap, etc. The profits from the sales allow them to take care of the family's needs. Areta is seeking a loan of 1,000,000 AMD to buy sausages, macaroni, coffee, tea, household goods and other items for her shop. This is Areta’s 8th loan form Nor Horizon and 2nd loan from Kiva.



Loan details

Loan length:

20 months
Disbursed date: May 6, 2011
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: May 6, 2011
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company