100%

funded

Total loan: $1,925

Vakhtang

Kakhati, Samegrelo-Zemo Svaneti, Georgia / Transportation

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A loan helped to start a taxi business to generate additional income.


Vakhtang's story

Vakhtang is a 67-year-old hard worker, from the village Kakhati. He earns a living for his family from a seasonal harvest of nuts. However, the income is hardly enough during the year to meet even the basic needs of the family.

Because of the above mentioned situation, the family lives in poverty and requires additional sources of income. After several unsuccessful attempts, Vakhtang applied for credit from Credo Bank. His request was approved in the framework of the startup program (which is a joint initiative with Kiva), permitting the rural poor to start or re-start businesses.

Vakhtang will use the loan to purchase a second-hand car and serve people as a taxi driver. The family's financial condition will change significantly in a better way and Vakhtang will get the chance to create better conditions for his son.

He awaits your support and kindness.