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A loan of $1,500 helped to pay for renovation of his car and new tires.

Vardan's story

Vardan has worked as a taxi driver for seven years. He lives together with his daughter and is the only breadwinner for his small family. His hard and tireless work is valued among his clients, who prefer to travel with Vardan far distances, since he is a very attentive and qualified driver.

Vardan is asking for this loan because he needs financial support to renovate his car and purchase new tires. 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. The loan will be a huge support for this hard-working man to continue his work and gather more income for his beloved daughter. Vardan's daughter is 18-years-old and studies at a local school.

Loan details

Lenders and lending teams

Loan details