A loan of $3,000 helped to buy more clothing to sell.

Karen's story

Karen is a thirty-three-year-old entrepreneur from Yerevan. He trades men and women's clothing from a rented booth in the city market. Karen's wife helps him with business and commutes with him when he goes abroad to purchase inventory. Karen has applied for this loan to increase the variety of clothing he has. In particular he wants to purchase clothing for the coming spring season and to meet the client demand.

This loan will help Karen to increase his sales and earn more income, which is absolutely vital for him to ensure better living conditions for his wife and two children. Karen dreams of opening his own shop, and developing his current business will give him an opportunity to make his dream come true.

Loan details

Lenders and lending teams

Loan details