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Usup is 44 years old and lives in the village of Urekhi with his sister and mother. Usup’s mother is provided with a retirement pension and his sister trades in shoes at the fair-market.

Usup is a hired driver and works in transportation. Besides his monthly wage, he has income from renting out a room which is located in his house. Their existing income is not enough for a family of three. With this start-up loan, Usup will purchase his own truck and start his own transportation business. He will carry and transport different things, depending on the needs and requests of his customers, in order to generate income.

As he has the appropriate experience in this field, Usup hopes his project will be successful and lucrative. Usup would like to thank all Kiva lenders

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
  • 38
    View loans »
    Georgia Loans Fundraising
  • $7,802,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Usup to purchase a truck and use it in the transportation business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 27, 2013
Oct 29, 2013
Currency Exchange Loss:
Jul 26, 2014