Check out some available loans that are similar to this one!
Tristan is a 65-year-old pensioner from the village of Aragvispiri. He is divorced and lives alone in his old house. In spite of his age, Tristan works hard and is very energetic. He transports firewood from the forest and sells it among his villagers. The firewood is used as a fuel in wintertime in most of the Georgian villages, and now is a high season as people supply it to be ready for winter colds. Tristan has many orders, and he works all day long to satisfy their needs.

His earnings are modest, and Tristan gets a small sized monthly social assistance from the local government.
In order to improve his living conditions and generate more income, Tristan is requesting a credit to purchase a car and start a taxi business. He is an experienced and careful driver, and hopes his initiative will make money.

Tristan hopes for 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
  • 44
    View loans »
    Georgia Loans Fundraising
  • $8,094,625
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Tristan to purchase a second-hand car to use it as a Taxi.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 20, 2013
Oct 16, 2013
Currency Exchange Loss:
Oct 17, 2014