A loan of $1,000 helped to purchase a new truck to deliver bread.


Seryozha's story

Seryozha is from Gyumri town where he lives with his parents. He works delivering bread to local shops. Despite his young age, Seryozha is a very skilled driver who has many years of delivery experience. He realizes that his income is very important for his family, and he would like to expand his business. Seryozha uses a rented car to deliver bread but he is saving money to purchase a micro-truck.

Seryozha is requesting a loan to purchase a new truck to deliver bread. He has not been able to save enough money because of his family’s daily needs. Seryozha’s request has been approved within the framework of a new joint initiative between Kiva and SEF international. This start-up loan program provides business start-up loans with soft conditions to informal businesses without access to credit products. His loan is very important for Seryozha and will help him to continue his delivery business. The support and help of lenders will be a huge benefit for Seryozha and his family.



Loan details


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Loan details