Total loan: $2,100
San Diego, CA, United States / Transportation
Shahram's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to purchase a taxi cab medallion.
Shahram immigrated to the U.S. from Iran nearly 10 years ago with his family. After years of working in the retail sector, Shahram started driving for Uber and Lyft in 2013 to earn additional income to support his family. Taxi drivers in San Diego are currently experiencing new freedoms and opportunities in their ability to operate and own their own taxis through the release of taxi cab medallions for purchase. Prior to this change, taxi cab drivers leased medallions and were forced to pay extremely high monthly lease rates for vehicles. Shahram saw the release of taxi cab medallions as an opportunity to enter into the taxi industry. He plans on using his $4,000 Kiva loan to purchase a medallion. He has also invested his personal savings into the purchase a new hybrid vehicle. Shahram is proud to represent his family through the name of his business, Parsa Cab, named after his 4-year-old son.