A loan of $1,150 helped to purchase gas equipment and convert his car to run on propane gas.


Mykola's story

Mykola is married and has a 5-month-old daughter. He works as a taxi driver and provides transportation services in Ukraine. After graduating from a university with a geophysicist specialty, Mykola could not find work in his field and decided to work as a taxi driver. He has been in this business for four years. His monthly income is 4000 hryvnia. Besides taxi driver work, Mykola works as a mechanic of fourth class, specializing in operations and repairs of gas equipment at one of the plants in Ivano-Frankivsk. His monthly income there is 1500 hryvnia. Mykola needs a loan in the sum of 9000 hryvnia in order to buy gas equipment and convert his car to run on propane gas because natural gas has gone up in price in recent times. Mykola's business is the only source of income for his family. He hopes that his fueling expenses will drastically decrease after converting his car to run on propane gas, which will in-turn lead to an increased profit.

Note: previously Mykola's vehicle was working on liquefied gas. When he took his previous loan, he used the funds to re-equip his car to run on liquified gas. However, recently the price for liquified gas went up quite a bit, causing Mykola to request a new loan to re-equip his vehicle to run on compressed gas.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey



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