Expired

Total loan: $1,475
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Karen

Armenia
Sisian, Armenia / Services

A loan of $1,475 helped to pay for new tires and renovation of the vehicle.


Karen's story

Karen lives in Sisian town. He lives there with his wife and three little children. He has been involved in delivery service. Using his mini truck, Karen provides different delivery services to locals in Sisian town. Among locals there are not many car owners, so the service that Karen provides is highly demanded among people. He is now asking this loan to be able to purchase new tires and renovate the vehicle. The loan is very important for him as the car is currently in poor working condition and Karen isn't able to complete his orders.

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 is important for this hard working young businessman and he hopes for your goodwill.



Loan details

Loan length:

26 months
Disbursed date: February 4, 2014
Facilitated by Field Partner: SEF International
Expired: March 8, 2014

Lenders and lending teams




Loan details

Loan length:

26 months
Disbursed date: February 4, 2014
Facilitated by Field Partner: SEF International
Expired: March 8, 2014