A loan of $725 helped to buy materials for his shoe production.

Stepan's story

Stepan is 50 years old. He lives in the village of Verin Ptghni, which is in the Kotayk region of Armenia. Stepan is married and he has two sons and a daughter. For many years, Stepan has had his own production business. He is a shoemaker. He works in their house in a small and comfortable workshop where he has all the needed tools and materials for shoe repairing. Stepan has many loyal customers who, from all the large variety of shoemakers in their district, prefer and trust exactly Stepan. He is also engaged in agriculture; he cultivates some vegetables but not for sale – it is for his family’s needs.

Nor Horizon knows Stepan as a very responsible and serious person since he has taken out loans several times and he has paid them back successfully. This time, Stepan wants to cooperate with Kiva lenders and he asks for a loan of 300,000 Armenian drams to buy raw materials for his shoe production.

Loan details

Lenders and lending teams

Loan details