Funded

Total loan: $3,000
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Gevorg

Armenia
Yerevan, Armenia / Sewing

A loan of $3,000 helped to buy a sewing machine.


Gevorg's story

Gevorg rents a booth in the city market, where he sews and sells clothing. Due to the high quality of his work, Gevorg has attracted a large number of clients. In order to maintain the high quality of his clothing, Gevorg needs to purchase a new sewing machine, as the old one doesn't sew properly anymore. With the loan, Gevorg also plans to purchase some new clothing to sell. He will develop his business and increase his working capital, allowing him to pay for his children's education and ensure a sustainable future for his family. Gevorg lives with his wife, school-age son, and two student daughters.



Loan details

Loan length:

26 months
Disbursed date: November 15, 2011
Facilitated by Field Partner: SEF International

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: November 15, 2011
Facilitated by Field Partner: SEF International