A loan of $2,400 helped to buy refrigerators for his shop and construct a storage area/warehouse, which will help him to sell food items in his shop.

Artyom's story

Artyom is 24-years-old and lives with his parents, grandmother and sister. His father is a pedagogue, his mother is a doctor and his sister is a law-adviser.
After his military service Artyom launched his own business. He rented a store, did some repair work and started a small shop, where he sells office supplies and household goods. The business has been successful as his shop is in a remote place in Ijevan City and is the only way for citizens to do their purchases without wasting more time. Of course, he has a large number of clients which contribute to a large profit from this business. So Artyom has decided to expand his business volume and wants to sell food. At first he started to sell some candies and sweets in his shop. This experiment has shown that he could easily sell other food items in his shop.

For this pursuit it requires that Artyom have a capacity to maintain the food items in suitable conditions. His profit from the business is not sufficient for this and Artyom needs more financial means to buy some refrigerators and construct a storage area/warehouse. For this Artyom is asking for a Loan from Kiva Lenders of 1,000,000 Armenian drams to expand his business.

Loan details

Lenders and lending teams

Loan details