A loan of $2,000 helped to start a new trading business by purchasing fruits and vegetables for re-sale purposes.

Roland's story

Roland lives in the Sagarejo District of East Georgia with his wife and their three children.

To earn a living, Roland works as a driver. He has his own mini-bus, and his monthly salary is the sole source of his family's income.

Roland has requested a loan to start a trading business. His loan would be through a new joint initiative by Kiva and Credo. The start-up loan program envisages providing start-up and restart-up capital, with lenient conditions, to the country's rural poor people, who do not have access to credit products. Such individuals are often regarded as “high-risk borrowers” because of their low income.

Roland will use the loan proceeds to purchase fruits and vegetables from farmers at wholesale prices, and he will later sell such fruits and vegetables in nearby towns for a profit. He expects that the loan proceeds will allow him to increase his family's income and will thereby enable him to improve their living conditions. Moreover, in the future, the family should have enough income to access regular credit products available in the country’s capital market.

Loan details

Lenders and lending teams

Loan details