Funded

Total loan: $1,250
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Garnik

Armenia
Vanadzor, Armenia / Fruits & Vegetables

A loan of $1,250 helped to buy and resell citruses and tropical fruits.


Garnik's story

Garnik is engaged in a fruits and vegetables wholesale trade. He buys the merchandise using his car in the Republic of Georgia and from villages of Ararat region.

The main part of the goods he sells to retailers. The other part he sells in small shops in Vanadzor city. Garnik's mother from time to time helps him in trading. This activity he has performed for more than five years.

Garnik is 30 years old. He is married and lives in Vanadzor city with his wife, son and mother. Trading is the only source of family income, and with the profit from trading, Garnik solves his family needs, pays all bills for the flat, etc. Garnik is seeking a 500,000 Armenian Drams loan to buy and resell citruses and tropical fruits from the Republic of Georgia.



Loan details

Loan length:

20 months
Disbursed date: January 29, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: January 29, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company