Total loan: $4,900


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Gergeti, Mtskheta-Mtianeti, Georgia / Services

Nona's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to renovate the house and open a family hotel.

Nona's story

Nona is 52 years old married woman, from village Gergeti, Kazbegi district, that has a very famous resort in the country. It has really impressive sightseeing views through the district and the place is always full of tourists. Nona is a hard-worker, who does her best to make financial stability for her family. However, her efforts are ineffective as the family has poor living condition.

She requested a loan from local financial institutions several times and finally was approved within the joint initiative between Credo bank and Kiva .The project enables rural poor people to get the chance to generate income from new business activities.

Nona will renovate the house with the requested loan, open a family hotel, which she will rent to tourists in a good price. Nona and her family-members await support and kindness to maintain their new business.