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Ketevan is a 51-year-old woman from Sachkhere district. She lives with her son, grandson and mother-in-law, who gets monthly assistance from the local government. Besides that, the only source of the family's income is Ketevan's job working as a nurse and getting 200 GEL per month. This income is hardly enough for the family to meet their basic needs, so Ketevan decided somehow to improve her salary and start another activity.

She couldn’t receive a loan from the local financial institutions (because of their requirements to have business experience or stable revenue) until the Start Up program, which is a joint product of Kiva and Credo, began. The program allows rural poor like Ketevan to get a chance to start or re-start a business.

She requested a loan of 1,200 USD to begin trading clothing. She plans to purchase the products at wholesale prices and then resell among her friends and neighbors. This will be a huge support for this hardworking woman to earn a living and provide a better future for her family.

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
  • 40
    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 $1,200 helped Ketevan to start a clothing trading business.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Dec 27, 2013
Jan 13, 2014
Currency Exchange Loss:
Apr 26, 2014