100%

funded

Total loan: $1,025

Merabi

Flag of Georgia
Dusheti, Mtskheta-Mtianeti, Georgia / Transportation

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A loan helped to purchase a car and start serving people as a taxi driver.


Merabi's story

Merabi is a 56-year-old unemployed man, from Dusheti district. He lives alone in very poor conditions, having no source of income.

Because of the above mentioned situation, Merabi lacks access to capital markets and financial institutions to obtain credit for starting a business, as they require a stable income and business experience. The Start Up program created by Kiva and Credo enables him to get a loan of 2400 GEL and start a taxi business. With the loan, Merabi will purchased the car that he has already found and will serve local people as a taxi driver.

The new business initiative will give Merabi the chance to have financial stability and monthly income. He is thankful to Kiva Lenders for giving him a chance to generate income.