Check out some available loans that are similar to this one!
Tamar is 40 years old. She is married and lives with her husband and two children in Samtredia district. Tamar works at local kindergarten and gets a small monthly income. Her husband works at a railway station. Tamar wants to start new stable business and requested a loan. The Start Up program, which is a joint initiative with Kiva and Credo, enables her to get a loan of $1000 to begin a trading business. She will get orders and will purchase cars by internet from Japan and will sell them in Samtredia district. She will be able to have additional income and will be able to improve living conditions 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
  • 37
    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 $1,000 helped Tamar to begin trading cars from Japan.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 12, 2014
Aug 16, 2014
Currency Exchange Loss:
Jan 22, 2015