A loan of $3,600 helped to purchase stock of basic groceries for her store.


Darejan's story

Darejan is 25 years old. She is divorced and lives in the small village of Gardabani district with her son and parents.

The family runs an agricultural business and has a milk cow, a calf, two pigs, and four goats. The main income for Darejan is her grocery store, selling different types of groceries. It has been profitable project, but also it needs more support to further develop. Several times she has asked for loans from local financial institutions to develop her business, but without success. Her loan requests were rejected each time because of the low income.

Darejan’s loan request was approved as part of the new joint initiative of Kiva and Credo. The start-up loan program provides business start-ups and re-startups with credit with soft conditions to the rural poor who do not have access to credit products, since they are regarded as “high-risk borrowers” because of their low income. With the received credit, Darejan will cover the costs of purchasing needed stock of basic groceries that customers often request. She plans to increase the turnover in her trade business gradually.

The new business initiative, financed with the Kiva start-up loan, will significantly increase the income of the family. Darejan will work hard, and she will be able to improve the living conditions for her family. With this loan, her family will generate enough income to access regular available credit products in the country’s capital market, in the event that they need it.



Loan details


Lenders and lending teams



Loan details