A loan of $1,500 helped to pay for renovation of their car and to purchase new tires.

Seyran's story

Seyran is from Vandzor town where he lives with his wife (in the photo) and son. He has been driving a taxi for 10 years and is already a very skillful driver. Due to his hard work, Seyran earns enough income to cover his family's daily costs.

Unfortunately his car is now in bad condition and Seyran has no saved money for renovating it. So by applying for this loan he is asking for a financial support to be able to pay for renovation of the car and to purchase new tires. 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. The loan is very important for Seyran and he hopes for lenders' support.

Loan details

Lenders and lending teams

Loan details