A loan of $2,400 helped to buy his own car to deliver goods.


Marat's story

Marat, 22, lives with his parents in Vanadzor, Armenia. He has graduated from the Faculty of Ecology at Vanadzor State Pedagogical University. From time to time, Marat’s father goes to the Russian Federation to work abroad. Marat didn't continue his studies to receive a master’s degree because the family’s financial situation worsened at that time. It was a most difficult time for his family. He decided he needed to organize business activity that would help him meet his family's needs. Marat engaged in the perfume and household goods trading business and has been in that business for about a year. He buys a large amount of goods from Yerevan’s wholesale markets and transports them in a rented car to the trade centers of Lori region and Vanadzor. His business is going very well, and he is pleased. The profit from this activity is good, because there has been a great demand for perfumes in the Lori region in recent years, and they are sold in large volumes. Marat's parents are very proud of their only son and hope that, in the near future, he will reach a good financial level. Marat has asked for a loan of 1,000,000 Armenian drams to buy his own car to deliver goods, which will help him carry out his trading activity. He says he has spent much money on renting cars. Owning a new car will eliminate unnecessary costs.



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Loan details