A loan of $1,500 helped to pay for tools and equipment needed for providing installation services.


Armen's story

Armen lives with his wife in Yerevan town. He has been earning his living by providing installation services to locals for over 15 years. Armen installs air conditioning and heating systems by receiving orders. Now, in order to purchase tools and equipment needed for his work, Armen applied for this loan. He has 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 Armen to continue his business and provide better quality work to locals.



Loan details


Lenders and lending teams




Loan details