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Marine is a 57-year-old housewife from Kutaisi Town, West Georgia. She lives with her husband, student daughter-in-law and infant grandchild. Marine's son lives and works abroad to help his family financially. Marine's husband,Teimuraz, works as a cook at a restaurant in a neighboring town earning a small monthly salary.

As the family's existing funds are modest and hardly enough to cover expenses, Marine and Teimuraz decided to start their own family business. With the received credit, they plan to hire a commercial space and purchase needed inventory for starting a food cafe. Teimuraz will leave his job and work in their cafe as a cook; he makes delicious dishes and is very skilled.

Marine and Teimuraz hope that their project will be profitable as the cafe location is great and crowded with people. The couple believes that they will earn a good income for their family's well being and their son will be able to return home.

They await 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
  • 39
    View loans »
    Georgia Loans Fundraising
  • $8,073,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Marine to start up a cafe in her town.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Oct 30, 2013
Nov 14, 2013
Currency Exchange Loss:
Jun 17, 2015