A loan of $1,250 helped to pay for materials for sewing shoes.

Nshan's story

Nshan lives in Yerevan with his wife and two school-age children. He has been engaged in a shoe sewing business for over 20 years. As a very skilled shoemaker, Nshan has a lot of clients who are ordering new shoes from him. Due to his hard work and nice attitude toward people, Nshan manages to gather enough income for sustaining his family.

Because of new orders, Nshan is having difficulty purchasing materials to sewing shoes and complete orders from his clients. He has applied for this loan for financial support. The loan will greatly assist him in purchasing materials to use in sewing new shoes.

Nshan 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.

Nshan hopes for lenders support.

Loan details

Lenders and lending teams

Loan details