Lightbox_close_button

Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.

READ MORE…

This loan is fully funded. Search for similar loans.

Levon H

Levon is from Armenia. He has 1 child. He needs a loan of $1,450 to purchase tools.

Services
Community:
Kapan
Country:
Armenia
other entrepreneurs here Armenia

Summary

Levon is from Armenia. He has 1 child. He needs a loan of $1,450 to purchase tools.

  • Top Goals To purchase tools
  • Children Helped 1

Levon's Story

Levon is in the construction trade. He renovates buildings and houses. He lives with and is responsible for his mother, brother, grandmother, wife and son.

He would like to provide higher quality services to his clients. He needs more finances to invest in improving the services he provides. With a loan from World Vision, Levon will purchase new tools needed for construction and renovation. By offering higher quality services, Levon will earn extra income to secure a sustainable life for his family. In the future, he dreams of starting his own company and providing more jobs in his community.

Download PDF

Industry Info

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.

Levon's Community

There is no community update available at this time.

Levon's Mid Term Update July 02, 2013

Thank you for supporting a small business loan for Levon Hayapetyan to expand his construction business. After receiving the loan from World Vision, he invested the $1,450 to purchase tools he needs for his business.

Levon has been repaying his loan on time with his new profits. He makes weekly payments of $9.

In addition to repaying his loan, Levon is using additional income to expand his current business and provide healthcare for his family.

Levon's child continues to study in school.

Thank you for supporting Levon and World Vision Micro!

Total Amount
$1,450

Amount raised

$1,450
$1,450
100%

Help Levon

8 Donors

  • Michelle
    December 20, 2011
    Contributed to 1 other loans
  • Stephanie
    December 23, 2011
    Contributed to 0 other loans
  • Scott
    December 28, 2011
    Contributed to 83 other loans
  • Dan
    December 29, 2011
    Contributed to 26 other loans
  • Eric
    December 29, 2011
    Contributed to 0 other loans
  • Allison
    December 30, 2011
    Contributed to 0 other loans
  • Michael
    December 31, 2011
    Contributed to 0 other loans
  • Bradley
    December 31, 2011
    Contributed to 1 other loans

Similar Opportunities