A loan of $750 helped to pay for taxi renovations.

Ashot's story

Ashot is from Nalbandyan village of Armavir region. He lives with his wife, 21-year-old son and 5-year-old daughter. Ashot's son works at local store as a seller and helps his father with sustaining the family's living. Ashot's wife takes care of the household and their little daugher.

Ashot provides taxi service. He has been involved in this activity for 3 years. Realizing the importance of income that he gets from taxi driving business, Ashot applied for this loan. The loan will greatly assist him to renovate the car and be able to continue his business. Ashot 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 Ashot and his family and they hope for lenders' support.

Loan details

Lenders and lending teams

Loan details