A loan of $1,725 helped to purchase electrical cables of different cross-sections.

Liparit's story

Liparit is 60 years old. He is married and lives together with his son, daughter-in-law and grandchildren. Liparit's wife is aboard on a business assignment.

For more than 20 years, Liparit has been repairing electrical motors. He has many customers -- not only individuals but also business entities prefer to seek Liparit to complete motor repairs. For Liparit, it is challenging but lucrative work that allows him to provide adequate support for his family.

To support their large family, Liparit is helped by his son who is a worker in the Kapan copper-molybdenum factory.

This month Liparit has many orders and he needed a loan of 700,000 Armenian dram (AMD) to purchase electrical cables of different cross-sections. The loan will help Liparit to fulfill all the orders, which will provide him a good profit.

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Translated from Russian by Kiva volunteer JD Bergeron

Loan details

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Loan details