A loan of $500 helped to buy a welding machine.

Valeri's story

Valeri and his small family live in Vnadzor city. Valeri has no higher education, and it is already ten years that he has his own modest business. He works in a small garage adjacent to the building that he lives, where he repairs engines and paints cars which are mainly produced in the Soviet Union. He also makes car plate smoothing. Valeri has many loyal customers who trust their cars only to him.

His work is hard and requires more time but Valeri never complains. He is always ready to help and give some advice to anyone who has some problems with his car. The income from his business barely covers his family’s needs, but he is sure that his business will go ahead, if he can manage to buy some new tools that he needs for car repairing. Valeri asks for a loan of 200,000 Armenian drams to buy a welding machine.

He is sure that his deal with Kiva lenders will be good for his future.

Loan details

Lenders and lending teams

Loan details