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Irina, age 50, is from Rustavi town where she lives with her husband and two school-age children. Irina is a housewife at the moment. She used to run a clothes trading business, and has ten years of experience in this field. But nowadays she stays at home as the family doesn't have enough resources to purchase stocks of merchandise to restart a predetermined activity. The only one who earns money in the household is Irina’s husband who is a bus driver and gets a monthly salary.

She has applied for this loan in order to purchase a supply of clothing and linens at wholesale prices in Turkey, where the prices are lower than in Georgia, and then sell the items from her own kiosk, located in front of her house.

She will be very nice to her customers and do her job with love and care. Irina will be able to get more profits and make savings to satisfy the everyday needs of her family members. She awaits your generosity.

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
  • $7,802,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,600 helped Irina to purchase clothing and linens for resale.
Repayment Term
16 months (Additional Information)
Repayment Schedule
Sep 4, 2013
Oct 7, 2013
Currency Exchange Loss:
Nov 6, 2013