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Roin, age 25, is a security guard from the village of Kobuleti, Adjara Region. He is married and lives with his wife, two sons, and parents. Roin has vocational education in stomatology, but he doesn’t work in his profession.

Roin’s father works as a security guard as well and gets small monthly salary, but at the same time he leads an agricultural business. The family owns a citrus garden and a plot of land where maize and nuts are grown. The harvested products are sold locally.

Roin is a very enthusiastic young man and wishes to provide his family with enough income. He owns a car and plans to use it in trading. With the received credit Roin will purchase a coffee grinder and make coffee deliveries to the local grocery stores. He will also change the fuel system in his car from benzene to gas, which is cheaper than benzene and will reduce the cost of transportation.

The new business initiative, financed with a Startup loan, will generate good income for the family, and they will improve their living conditions.

Additional Information

More information about this loan

This loan is part of Credo's startup loan program targeting particularly vulnerable clients who live at the subsistence level and have been unable to obtain credit due to lack of income from an existing business. This program offers them a longer repayment term and an annual interest rate that is 5% lower than the standard interest rate. By funding this loan, you are supporting a program that gives borrowers a second chance to start and grow small businesses. This has the potential to alleviate the effects of poverty, significantly improving borrowers' incomes and their families' quality of life. Learn more about Credo's startup loan program on the Kiva Blog.

About LLC Micro Finance Organization Credo

LLC Credo (Credo) is a microfinance organization in Georgia that provides sustainable credit services to alleviate poverty in rural areas, including business loans, agriculture loans, household loans, crop insurance and more. Kiva lenders’ funds are used to help the organization expand its outreach to even more entrepreneurs, farmers and households in remote areas.


About Georgia

  • $6,100
    Average annual income
  • 39
    View loans »
    Georgia Loans Fundraising
  • $7,906,225
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD
A loan of $2,125 helped Roin to purchase a coffee grinder and change his car's fuel system.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 16, 2013
Aug 17, 2013
Currency Exchange Loss:
Sep 16, 2013