Funded

Total loan: $3,000
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Geghaznik


A loan of $3,000 helped to pay for materials and tools to be used in his vehicle repair business.


Geghaznik's story

Geghaznik lives in Dalarik village of Armavir region with his parents and sister. He owns a small garage where he provides vehicle repair service. This business has helped Geghaznik to sustain his family's living for the past four years. Now, by applying for this loan, Geghaznik is requesting financial support to be able to purchase materials and tools needed for providing vehicle repair service. (As this is Geghaznik's first loan it has been approved within the framework of the new joint initiative between Kiva and SEF. The first-chance loan program provides loans to people who didn’t have access to credit products in the past because they have no credit history.) This loan will greatly assist Geghaznik to continue his business and he will be very grateful to lenders.



Loan details

Loan length:

27 months
Disbursed date: January 23, 2014
Facilitated by Field Partner: SEF International

Lenders and lending teams




Loan details

Loan length:

27 months
Disbursed date: January 23, 2014
Facilitated by Field Partner: SEF International