Love making a difference with Kiva? Your donations keep us running.

Thank you for the impact you’ve made this year! Together we’ve funded more than 170,000 loans and raised more than $120 million for financially excluded people around the world. It costs us more than $3 to facilitate each $25 loan, and we rely on optional donations from individuals like you to cover our costs.

Other amount

100%

funded

Total loan: $975

Armen

Artik town, Shirak Province, Armenia / Personal Use

Armen's loan finished fundraising, but these other borrowers need your support


A loan helped to pay for the solar water heating system (pictured) and its installation.


Armen's story

This bright man is Armen.

Armen lives with his wife, two children (ages 2 and 7), and elderly parents. Being the main breadwinner of the family, Armen provides auto repairing services at his garage. Due to his high professionalism, the demand for his services is growing. He invests all his time and efforts into improving his family's living conditions.

Thus, after learning about the advantages of solar systems, Armen decided to install one at his house. With the provided loan, Armen will get a chance to pay for the solar water heating system (pictured) and its installation.

He is full of hope that this technology will help to cut their utility costs so that he can reinvest the money to change the family's living conditions. Armen is a good role model for the neighbors to go green, too.