A loan of $750 helped to pay for new stock of supplies for covering his current orders.

Arshak's story

Arshak lives with his mother in Vanadzor town. He earns their living by providing retail service to local stores and individuals. Arshak owns a truck through which he purchases different goods (housing, food, etc.) from Yerevan town and resells it to local small stores of Vanadzor town. Arshak is a very enthusiastic and hard working young man who does his best to ensure a better life for his mother.

Now to be able to purchase new stock of supplies and cover his current orders, Arshak needs financial support. He has now been approved for a loan within the framework of a new joint initiative between Kiva and SEF international. The start-up loan program provides business start-up loans with soft conditions to informal businesses that do not have access to credit products. The loan will greatly help Arshak and he hopes for lenders' support.

Loan details

Lenders and lending teams

Loan details