Total loan: $6,175


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Mestia, Samegrelo-Zemo Svaneti, Georgia / Food

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

A loan helped to renovate the place and open a small type of restaurant.

Ledi's story

Ledi is a 38-year-old married woman, who has a husband and four children. The family lives in Mestia, one of the most famous places for tourists in Georgia. The tourism business has been developed significantly and Ledi is also involved in this type of activity. She rents several rooms to tourists and gets a seasonal income. However, she desires to expand the business and make an additional source of income.

Ledi needs financial support to open a small type of restaurant, such as building the place and purchasing furniture and all needed products for the restaurant. Ledi has been approved for a loan within the framework of a joint initiative between Kiva and Credo. The start-up loan program provides business start-up loans with soft conditions to informal businesses that do not have access to credit products.

Ledi will make traditional Georgian dishes for local tourists on her own and suggest they also stay in her guesthouse and she will also serve her guests. The loan will greatly assist Ledi and she will continue her tourism business advancement.