A loan of $3,000 helped to pay for leather and soles.


Khachik's story

Khachik is a 53-year-old entrepreneur from Yerevan. Khachik lives with his wife, Gayane, who helps her husband with the business, his 20-year-old son, who helps him with sales, and his 17-year-old daughter who is a student.

About five years ago, Khachik decided to start his own business. He makes shoes and sells them from his little shop. The number of orders has increased recently, and Khachik needs necessary materials to complete them. With the help of this loan Khachik will purchase leather and soles to make shoes. Khachik is sure he will increase sales and gather more income, which he plans to invest in opening a new shop.



Loan details


Lenders and lending teams



Loan details