Funded

Total loan: $1,000
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Vardan


A loan of $1,000 helped to pay for renovation of his car and gas installation.


Vardan's story

Vardan is from Armavir region. He lives with his wife and two school-age children. He has been driving a taxi for already four years. As the only breadwinner of the family, Vardan feels very responsible for gathering more income and ensuring a better life for his family. Now, Vardan asks for this loan to pay for renovation of his car and for gas installation. Vardan has now been approved for a loan within the framework of a new joint initiative between Kiva and SEF International. The startup loan program provides business startup loans with soft conditions to informal businesses that do not have access to credit products. The loan is very important for Vardan and he hopes for lenders’ support.



Loan details

Loan length:

20 months
Disbursed date: October 3, 2013
Facilitated by Field Partner: SEF International

Lenders and lending teams




Loan details

Loan length:

20 months
Disbursed date: October 3, 2013
Facilitated by Field Partner: SEF International