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Amiran, 40 years old, lives in Zestaponi with his father, wife and three children. His father is a truck driver who earns 300 GEL monthly. Amiran's wife works as a nurse at the local village hospital. The borrower himself works as a driver transferring cargo, and earns approximately 200 GEL per month.

Amiran wants to start a clothing-sales business that will be a source of stable income for the family. A loan of USD 3100 will be a huge support to this hard-working man and his family, enabling them to purchase a stock of clothing and rent a place for trading.

Amiran has now been approved for a loan within the framework of a new joint initiative between Kiva and Credo that enables people to start or re-start businesses. Thanks to this he hopes to be able to improve his family's quality of life with an increase in household income. Amiran awaits your support.

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
  • $7,807,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,100 helped Amiran to start a clothing-sales business.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Dec 20, 2013
Dec 31, 2013
Currency Exchange Loss:
Mar 1, 2014