A loan of $1,725 helped to repair his shop and renew the assortment of spare parts.


Armen's story

Armen has just repaid his first Kiva loan, which was very useful and productive both for his business and his large family. He managed to buy brake shoes, headlights, engine oil, paint, instruments, etc. for his store. His elder son still lives with them; his second son and daughter already have children. His beloved wife continues to works at the library. Armen runs his business in his native city of Kapan where he has lived since he was born. For some time Armen worked at a rented shop, but finally he managed to buy his own shop. Now he has a shop that is not very big, but very comfortable and suitable for his business. Here he sells spare parts for cars and the assortment is very large. This time Armen requests a loan of 700,000 AMD in order to do some repairs to his shop and renew the assortment spare parts.



Loan details


Lenders and lending teams




Loan details