Funded

Total loan: $1,500
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A loan of $1,500 helped to pay for tools and equipment for providing auto repair services.


Movses's story

Movses is from Getap village of Vayots Dzor region. He has been providing auto repair services for the past 15 years. Due to his high quality and hard work Movses is well known among the local people of Getap village. Unfortunately the tools that Movses has are very old and need to be changed with new ones. Movses has applied for this loan to purchase new tools and equipment. 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 will greatly assist Movses with his auto repair service and he hopes for lenders' support.



Loan details

Loan length:

26 months
Disbursed date: September 27, 2013
Facilitated by Field Partner: SEF International

Lenders and lending teams




Loan details

Loan length:

26 months
Disbursed date: September 27, 2013
Facilitated by Field Partner: SEF International