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Meline is from Armenia. She needs a loan of $1,000 to purchase an air conditioning system .
Meline Poghosyan runs a hairdressing salon. She would like to purchase an air conditioning system for her salon so that customers visiting in the hot summer will be comfortable. With better quality service, Meline’s salon will attract more clients.
In the future, Meline plans to offer a greater variety of services for her clients, including make up and epilating. Meline lives together with her parents and sister, and she wants to be be able to provide them with a better future.
In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.
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Thank you for partnering with World Vision Micro to provide Meline Poghosyan with a small loan for her beauty salon business. Meline used her loan of $1,000 to purchase an air conditioning system for her salon. She continues to make weekly payments of $6 on time.
With the profits she has earned from her growing business, Meline is able to expand her current business and provide healthcare for her family.
Thank you for supporting Meline's small business through World Vision Micro!
Meline Poghosyan has successfully repaid her small business loan. She invested the $1,000 for her beauty salon business.
Thanks to the loan that she received, Meline was able to use the profits from her business to provide healthcare for her family and expand her current business. In the future, Meline aspires to earn enough to expand her current business and take out another loan.
Thank you for investing in the power of hardworking people like Meline through World Vision! These funds are now available to help other entrepreneurs in Meline's community.