A loan of $1,500 helped to purchase tools and equipment to install heating systems.


Pavel's story

Pavel is from Kapan town of Syuniq region. He lives with his wife and his little son and is installing heating systems for locals. He has been involved in this business for three years. The income from this activity is highly important for Pavel and his family. And as the winter is on its way, the demand for this service is currently increasing. Pavel has requested this loan to purchase tools and equipment required to do the installation. Pavel 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. So, this loan is very important for Pavel to be able to provide a living for his family.



Loan details


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Loan details