A loan of $600 helped to purchase plastic dishes and personal consumption items for resale.

Ekaterine's story

Ekaterine is a 26-year-old, married woman. She lives with her infant child, husband, brother-in-law and mother-in-law in the Kaspi district. Ekaterine’s husband is a loader at the local bakery and her brother-in-law works as a baker's assistant in the same place. Their total income is approximately 250 USD, including the social assistance that the family gets from the local government as they belong to the “vulnerable poor” category. Ekaterine wasn’t able to get an education and so she has no university degree, which is one of the main reasons for her unemployment.

She looks after her son and stays home, but she has a great desire to be involved in a trade. Ekaterine couldn’t receive a loan from the local financial institutions until the Start Up program began. The Start Up program is a joint product of Kiva and Credo. Other institutions have business experience or a stable revenue as requirements. The Start Up program allows the vulnerable poor, like Ekaterine, to get a chance to start or re-start a business. She requested a loan of $600 to begin trading with plastic dishes and personal consumption items such as socks, underwear, etc. at wholesale prices and then resell them among her friends and neighbors. This will give her a chance to earn an income and help her family members. With the Start Up program, Ekaterine will be able to have a savings and provide a better future for her son.

Loan details

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Loan details