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Inga, age 26, is from Senaki district. She is married with a toddler son. Inga is an internally displaced person and gets a small social assistance from the local government. Inga’s husband is a soldier and the family lives in the military settlement. Inga’s mother-in-law lives with the family as well. Inga is a hard-working young woman with a great desire to get ahead. The soldier salary is not enough for saving and improving their standard of living.

Inga has applied for this loan in order to purchase a supply of clothing at wholesale prices and start a clothing sales business among her community members. Since there are not many clothing stores in her district, Inga's business will have high demand. She will be very nice to her customers and will be able to get more profit. This start up loan is a good chance for Inga to earn stable income and improve her living conditions in future.

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
  • 37
    View loans »
    Georgia Loans Fundraising
  • $7,812,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Inga to pay for clothing to sell to customers.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Sep 30, 2013
Oct 14, 2013
Currency Exchange Loss:
Aug 17, 2014