A loan of $3,600 helped to pay for the mortgage and rent the room.

Darejan's story

Darejan is a 50-year-old widow who lives in Tbilisi City with her daughter, who works as a hotel administrator and gets a monthly income. Darejan owns and rents rooms in her house. The rent is the main source of income.

Darejan wants to supplement her family's income by renting an additional room, which is mortgaged. She has been unable to get a loan to pay for the mortgage from several local financial institutions. That is why she is requesting a loan from Kiva and Credo, which help people who do not qualify for conventional loans.

She will use the loan to pay for the mortgage and rent the room for a good price. Several people have already expressed an interest in living there.

Darejan hopes that renting out this room will be profitable and will increase her income so that she and her family can improve their standard of living.

Loan details

Lenders and lending teams

Loan details