A loan of $4,000 helped to buy a car and start a taxi business.

Karen's story

Karen is 26 years old and single. He lives with his mother, two brothers, sister-in-law, and nephew. Karen is of Armenian origin but his family has lived in Georgia for a long time. The family breeds cattle: three dairy cows and four calves. Karen’s mother produces dairy products for selling as well as for family consumption.

The existing funds are not enough for the family of six. In order to generate more income, Karen decided to purchase a second-hand car to use as a taxi. He will transport passengers from his district to the capital city in return for a service fee. The local people mainly use a taxi service to connect with the capital city and Karen’s service will have high demand. A loan of $ 4,000 will help him to start his taxi business. Karen is a very enthusiastic and hard working person with a great desire to ensure his family members with better living conditions. This loan will be a great support for the family. Karen is thankful to Kiva lenders for giving him a chance to generate income.

Loan details

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Loan details