A loan of $3,000 helped to purchase stock of basic groceries for starting a grocery store.


Eva's story

Eva is 47 years old. She lives with her husband and two children in Khelvachauri District, West Georgia. Her husband works as an artisan locally and gets a monthly income. Her economic activity is a newly started business. In particular, a grocery store.

Eva requested a loan from local financial institutions several times for further developing her business, but without any success. Her loan request was rejected all the time because of lack of experience in her business, which is usually demanded by local credit providers.

Her loan request was approved within the frames of new joint initiative of Kiva and Credo. The start-up loan program envisages provision of business start-up and re-startup credits with soft conditions to country rural poor, who do not have access to credit products, being regarded as “high risk borrowers” because of low income.

With the received credit, Eva will cover the costs of purchasing her stock of basic groceries for starting a grocery store. She plans to work hard and increase the turnover in her business gradually. The new business initiative, financed with the Kiva start-up loan, will significantly improve the living conditions of the 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 they need it.



Loan details


Lenders and lending teams



Loan details