A loan of $1,500 helped to pay for the renovation of the car used as a taxi.

Artak's story

Artak is from Masis town. He lives with his parents and is involved in taxi driving. He is the only breadwinner of the family, and the income from taxi driving is vital for his family. Unfortunately because of his car's nonworking condition, Artak isn't able to drive it as a taxi. He applied for this loan to be able to renovate it.

Artak 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 Artak and he will be very grateful to all his lenders for support.

Loan details

Lenders and lending teams

Loan details