Since 2016, Andrey has poured his heart and sould into running two local clothing stores and creating quality men’s footwear, with each pair telling a story of dedication and resilience.
As demand steadily grew, Andrey saw the opportunity not only to grow his business, but to create something lasting for his community. In 2022, he found a trusted partner in MK Kredit in Armenia. With an appropriate financing package his vision began to take clearer shape.
The last loan made a remarkable difference:
– Half of it was used to expand the factory, opening doors to higher production capacity and better working conditions,
– The rest was invested in modern equipment and premium raw materials, ensuring both efficiency and excellence in every product.
The results speak volumes:
– Production increased by 50%, now reaching 1,500 pairs of shoes each month,
– A new wholesale line was launched, allowing his products to reach far beyond the streets of Masis, – Business turnover rose by 40%, while profitability improved by 15%.
But the true impact goes beyond numbers. With MK Kredit’s support, Andrey is not only growing a business, he is empowering livelihoods, supporting local craftsmanship, and showing others that even modest beginnings can lead to big changes.
His journey is proof that with the right support and firm determination, growth is not just possible. It is inevitable.
Contact us to learn more about how MK Kredit can help small entrepreneurs take their next step.
The information on this site is intended for professional investors only, and must not be used or relied upon by retail investors.
We recommend that you read the below before you view this site.
By clicking ACCEPT, you acknowledge that you have read and understood the important information below. It covers:
The information contained on this website should not be considered as an offer, or solicitation, to deal with any companies or vehicles mentioned herein, by anyone in any jurisdiction in which such offer or solicitation would be unlawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation.
The information on this site is not advice, whether business, investment, tax, legal or otherwise, and should not be treated as one. This site contains information about past performance, which is not indicative nor a guarantee of future results, the realization of which is dependent on many factors, many of which are beyond our control.
This site may contain forward-looking statements relating to our products, customers, business development activities and business results, that are based on beliefs, assumptions and on information currently available to us. Whilst we endeavour to ensure that the information on this site is correct, we do not warrant or represent its completeness or accuracy.