Funded

Total loan: $1,325
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Vardan

Armenia
Vanadzor, Armenia / Services

A loan of $1,325 helped to buy winter tire casings for his truck and also to dye his truck.


Vardan's story

Vardan is 29 years old and lives in Vanadzor. He is single and lives with his parents. Vardan has a college degree in Engineering but he has never been able to work in his profession. Instead, for the last two years Vardan has been running a grocery delivery service. He purchases coffee, cereal and sweets in Yerevan and resells them to stores in Vanadzor and the villages of the Lori region. Vardan owns a small delivery truck which he uses to transport the goods from Yerevan. This small business allows him to support his parents.

Vardan would like to take out a loan of 500,000 dram to purchase winter tires for his truck and to make small repairs to the vehicle.

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Loan details

Loan length:

20 months
Disbursed date: November 10, 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: November 10, 2011
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company