A loan of $1,500 helped to pay for equipment for providing vehicle-repair services.


Sergey's story

Sergey lives with his parents in Gyumri town. Near the house where they live, Sergey rents a small garage where he provides vehicle-repair services. He offers different types of services for auto owners who value Sergey's high quality work. Currently, by applying for this loan, Sergey wants to purchase equipment that he needs for providing vehicle-repair services. 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. This loan is greatly important for Sergey. He works really hard for gathering enough income for covering his family's costs.



Loan details


Lenders and lending teams




Loan details