A loan of $2,425 helped to buy more wood in order to expand his business volume.


Samvel's story

Samvel is a skilled carpenter. He is still engaged in the production of doors, furniture and souvenirs from wood, which he performs in a workroom in his house. Samvel sells souvenirs in one of the famous souvenir shops in Vanadzor city, and sells doors and furniture in a building materials shop in Vanadzor city. Samvel works also works as a carpenter for various enterprises. Samvel is 51 years old and lives with his wife and two sons. Both of them attend Yerevan State Medical University and are promising students. Samvel is very proud of them. Samvel has worked as a carpenter many years. He loves his profession and works with great pleasure. Samvel has a good reputation not only in Vanadzor city, but also in whole Lori Region. Due to his occupation he is able to sustain his family. With his first loan from Kiva he bought a large amount of ceramic dish-ware, so he expanded his business volume. Now Samvel is seeking a loan of 1,000,000 Armenian Drams in order to buy more wood so that he can expand his business. His big dream is to create his own big manufacturing company in Vanadzor city.

Translated from Russian by Kiva volunteer Alex Kostrubsky



Loan details


Lenders and lending teams



Loan details