Total loan: $2,100


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Qajaran town, Syunik Province, Armenia / Transportation

Narine's loan finished fundraising,
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A loan helped to pay for repairs to a damaged car and purchase tires.

Narine's story

Narine and her husband own a taxi service business in Qajaran town. Their service includes seven cars providing taxi service in the Qajaran-Yerevan direction. Because one of their cars is not functioning well and needs to be repaired, Narine has applied for this loan. She needs the loan to pay for the repairs of the damaged car and purchase tires. Narine's loan has been approved within the framework of a new joint initiative between Kiva and SEF International. This program provides business start-up loans with soft conditions to informal businesses that do not have access to credit products.