A loan of $2,625 helped to buy equipment and materials for his business.


Garnik's story

Garnikwas born in 1960 in the city of Kapan. He graduated from the Kapan construction vocational school and is a construction worker by trade. Garnik is married and has two children. Garnik's wife is a homemaker; his older daughter studies in the civil engineering faculty at the Kapan Polytechnical Institute; and his younger daughter finished secondary school this year.

Garnik has been doing shoe repairs for 20 years. Ganik has his own machines and shoe molds, but he leases the shop where he operates his business. Once a month he purchases materials in the city of Erevan.

Garnik always has many clients because he does high-quality and quick work. Garnik works late into the evening, which allows clients to stop by at the end of their work day.

Thanks to his own business Garnik supports his family and pays for the education of his older daughter. Garnik needs a loan of 1,000,000 dram to acquire equipment (a machine for sewing chains to boots) for his workshop, as well as to purchase materials (leather, soles, etc.)

Translated from Russian by Kiva volunteer Peter and Lynne Weil



Loan details


Lenders and lending teams



Loan details