A loan of $1,000 helped to purchase 6 tires and pay for battery repair.

Feliqs's story

Feliqs is from Vanadzor town where he lives with his wife, and 9-year-old son. Feliqs is earning his living by providing taxi service to locals in Vanadzor. He drives a microbus and works day and night to be able to sustain his family's living. Feliqs's wife works at the local kindergarten, but her salary is very low, and is barely enough for covering daily costs. So Feliqs is the main breadwinner of the family. Now he needs financial support to be able to purchase 6 tires and pay for battery repair.

He has now been approved for a loan within the framework of a new joint initiative between Kiva and SEF international. The start-up loan program provides business start-up loans with soft conditions to informal businesses that do not have access to credit products. This loan is very important for Feliqs and he hopes for lenders' support.

Loan details

Lenders and lending teams

Loan details