A loan of $1,500 helped to pay for spare parts for his auto repair service.

Artur's story

Artur is from Gyumri town. He lives with his wife and two school-age children. Artur has been involved in the auto repair business for many years. Near the house where Artur and his family live, Artur owns a small garage where he provides different services for automobiles. Due to his hard work, Artur is able to earn enough income and cover his family's basic costs. Now to enlarge his business, Artur needs financial support. He asks for this loan to purchase spare parts for automobile to be able to cover new orders from his clients.

Artur 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 highly important for this hard working man to continue his business and be able to ensure a better life for his family.

Loan details

Lenders and lending teams

Loan details