Check out some available loans that are similar to this one!
This is Temur, who is 33 years old and lives in the town of Rustavi, near the capital city of Georgia. He is married with three young children. Temur represents a telecommunications company in Rustavi and owns a small office on the crowded street of the town where mobile phones are sold.

Temur also offers cell-phone repair service to locals and his monthly income is nearly $360. Temur’s spouse helps him run the business. The young couple work hard to ensure that their children have better living conditions and a good education for progressing in life.

As his earnings are not enough to cover utilities and food costs, Temur has decided to diversify the business and start up a small café, where doner will be sold. Doner (kebab/sandwich/gyro) has become a very popular fast-food dish in the last several years. According to Temur’s estimation, sales will be high as the location where he plans to hire the commercial space is crowded with people.

The income from the café will be a great support for the family, as the children need much and Temur is not able to give them what they need with his current modest earnings.

Temur appreciates your kindness.

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
  • 43
    View loans »
    Georgia Loans Fundraising
  • $7,931,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $2,000 helped Temur to start up a food cafe.
Repayment Term
18 months (Additional Information)
Repayment Schedule
Sep 2, 2013
Oct 9, 2013
Currency Exchange Loss:
Nov 8, 2013