Funded

Total loan: $1,250
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Rafik

Armenia
Sevan, Armenia / Fruits & Vegetables

A loan of $1,250 helped to buy a large assortment of fruits and vegetables for reselling; especially citrus and tropical fruits for the New Year's holidays.


Rafik's story

Rafik is still engaged in the fruits and vegetables trade business. With his previous loan from Kiva Rafik added to his fruit and vegetable assortment. He received a good profit which helped him to support his family's needs and to develop his business during this period. Now Rafik has a lot of regular customers which prefer to buy fruits and vegetables from Rafik’s stall because his fruits and vegetables for trade are fresh and affordable.

Rafik expanded his trade and hopes to increase the number of his stalls in Sevan’s markets. Rafik asks from Kiva a 500.000 AMD loan to buy a large assortment of fruits and vegetables for reselling; especially citrus and tropical fruits for the New Year's holidays.



Loan details

Loan length:

20 months
Disbursed date: December 7, 2012
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: December 7, 2012
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company