A loan of $1,475 helped to pay for the renovation of his auto washing garage and new equipment for it.

Hamlet's story

Hamlet, who lives in Vanadzor with his wife and two children, owns a small garage where he provides an auto washing service to locals. The sole provider for his family, Hamlet has applied for this loan to renovate his garage and purchase new equipment for it. The loan will be a big support for this young businessman and will help him to provide better service to his clients.

Hamlet 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.

Hamlet waits for lenders' support and hopes for their goodwill.

Loan details

Lenders and lending teams

Loan details