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Artur G

Artur is from Armenia. He has 1 child. He needs a loan of $1,000 to purchase goods for the shop.

Commerce
Community:
Sisian
Country:
Armenia
other entrepreneurs here Armenia

Summary

Artur is from Armenia. He has 1 child. He needs a loan of $1,000 to purchase goods for the shop.

  • Top Goals To purchase goods for the shop
  • Children Helped 1

Artur's Story

Artur runs a grocery store in Armenia in order to support his family. Artur has plans to increase the variety of goods, but he doesn’t have sufficient financial means to do so without a loan.

With a loan from World Vision, Artur will increase his income and improve his family’s living conditions by purchasing additional goods for his shop so that he can satisfty the clients' demands.

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Industry Info

Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.

Artur's Community

Armenians have their own distinctive alphabet and language. They have a history rich in culture and like to celebrate their heritage. After independence, the importance of agriculture increased. Worries of food insecurities rose during the first phases of transition. Farmers are still limited in their access to credit, markets, training, and new technology.

Located in the southern region of Armenia, Sisian has long, cold winters and cool summers. Traditionally an agricultural region, residents of Sisan were unwillingly involved in conflicts arising from the collapse of the Soviet Union in 1991. This conflict damaged the economy and the infrastructure as well as creating a heavy psychological toll for those involved.

Today, World Vision has enabled residents to begin addressing essential needs such as access to clean water, nutritious food, quality education, and vocational training.

Artur's Mid Term Update May 26, 2013

Thank you for empowering Artur Gevorgyan with the opportunity to expand his grocery store business. With the $1,000 loan Artur was able to purchase more variety of goods for his store.

Artur is on his way to repaying his small business loan, as he makes weekly payments of $6. Thanks to the profits he has earned, Artur can afford to purchase food for his family and expand his current business.

Thank you for supporting hardworking entrepreneurs like Artur and World Vision Micro!

Total Amount
$1,000

Amount raised

$1,000
$1,000
100%

Help Artur

13 Donors

  • Jodi
    August 20, 2011
    Contributed to 1 other loans
  • Terry
    November 18, 2011
    Contributed to 12 other loans
  • Jennie
    September 30, 2011
    Contributed to 38 other loans
  • Andrea
    November 13, 2011
    Contributed to 18 other loans
  • Dietlinde
    November 14, 2011
    Contributed to 33 other loans
  • Dale
    November 16, 2011
    Contributed to 57 other loans
  • Mark
    November 16, 2011
    Contributed to 28 other loans
  • Stephen
    November 17, 2011
    Contributed to 34 other loans
  • Maggie
    November 18, 2011
    Contributed to 9 other loans
  • Arvind
    November 20, 2011
    Contributed to 0 other loans
  • Thomas
    November 23, 2011
    Contributed to 16 other loans
  • Paul
    November 24, 2011
    Contributed to 37 other loans
  • Isaac
    November 27, 2011
    Contributed to 0 other loans

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