Expired

Total loan: $2,400
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Hambardzum

Armenia
Sevan, Armenia / Grocery Store

A loan of $2,400 helped to buy lots of food and household goods from the Yerevan wholesale markets to sell in his store, and to repair the roof of his store.


Hambardzum's story

Hambardzum is 55 years old and lives with his wife, son and daughter-in-law, and two grandchildren in the village of Zovaber, which is in Sevan area. His wife and son are engaged in farming. They breeds cows, sheep chicken, piglets in their animal barn.

For a long time, Hambardzum worked as a driver in Sevan city. Since 2010, Hambardzum has run his own business. He built a small store near his house and sells household goods and food which he buys from Yerevan wholesale market. From time to time his son helps him in the business and transports the goods from Yerevan.

Hambardzum said his family is large and they have to work hard day and night in order to sustain their big family. At the same time, Hambardzum is very appreciative and happy that his business income allows him to meet his family's needs and to not move abroad to work, which is very common in their region.

Hambardzum needs a loan of 1,000,000 AMD to buy lots of food and household goods from the Yerevan wholesale markets, and to repair the roof of his store. This is his first time Kiva, and he hopes that it will be good for him.



Loan details

Loan length:

25 months
Disbursed date: May 3, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company
Expired: July 3, 2013

Lenders and lending teams




Loan details

Loan length:

25 months
Disbursed date: May 3, 2013
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company
Expired: July 3, 2013