A loan of $1,375 helped to pay for the renovation of his taxi.

Suren's story

Suren is from Gyumri, where he is providing taxi service. The income from this activity is very important for Suren to cover his family's costs. Suren lives with his wife and 27-year-old son.

Currently this hard-working man needs financial support to renovate his car. Because of its nonworking conditions, Suren isn't able to provide taxi service and gather money. So he has applied for this loan for the help.

Suren 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 will greatly, greatly assist Suren to continue his taxi business and provide a better life for his family.

Loan details

Lenders and lending teams

Loan details