A loan of $2,000 helped to begin a new business in clothing sales.


Inga's story

Inga is 46 years old and lives with her daughter and son-in-law in the Kutaisi district of West Georgia. She has requested a loan from local financial institutions several times in order to start up a family business, but without any success. Her loan requests were rejected every time because of the family's low income and poor living conditions.

The only source of income for the family is Inga's work as a local cook. She makes a total of 250 laris per month, which is hardly enough to provide food for the family. According to Credo's assessment, the family belongs to the "subsistence poor" category.

Inga has requested a loan from Credo for a family business start-up. Her loan request was approved under the framework of a new joint initiative between Kiva and Credo. The start-up loan program provides credit for business start-ups, offering favorable loan conditions to poor rural people who do not have access to credit because they are regarded as “high risk borrowers”. Using the loan, Inga will set up a new business trading in clothing and bed-clothes. She plans to purchase clothing from wholesalers and resell it locally. This new business initiative will significantly improve the income and living conditions of the family.



Loan details


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Loan details