A loan of $1,450 helped to buy potatoes, apples, cucumbers, tomatoes and pears, for his newly-created business line, trading fruits and vegetables.


Sargis's story

Sargis is 56 years old and lives in Yerevan, with his wife and two sons. Sargis has completed only secondary school. He was dreaming of becoming an engineer and studying in the State Engineering University. But, after his service in the Soviet Army, Sargis got married. Soon his first son was born. So, Sargis started to work as a laborer in one of the factories in Yerevan, in order to sustain his newly-created family.

After the Soviet Union collapsed, that factory closed. Sargis started to work as a driver. But about 10 years ago, Sargis and his sons launched their own business, in a rented place. They sell flowers and bouquets in the store. This business was profitable, and soon they increased sales volume. This activity enables them to provide for their family's needs. With their business profit they bought a new flower shop. Sargis is very pleased by his activity. As he confessed, to work with flowers and other plants is a great pleasure for him, and he combines business with pleasure.

Recently, Sargis decided to begin fruit and vegetable trading, outside of his flower shop. It will be a seasonal business, but at the same time, profitable. So Sargis needs a 600,000 Armenian Drams loan, which he will use to buy potatoes, apples, cucumbers, tomatoes and pears, for his newly-created food trading. Sargis will use the anticipated profit for organizing his son's wedding.



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