A loan of $3,500 helped to purchase a mini-bus for trading.


Manana's story

Manana is 54 years old. She lives in the Khobi District with her family: her husband, Simon, and her daughter and son.

The family takes care of a milk cow owned by the family. The dairy products are mainly consumed by the family and the surplus is sold in the village. Simon works as a plumber and gets a monthly salary.

Manana requested credit to start up a trade business. Her loan request was approved in the framework of a new joint initiative from Kiva and Credo. The start-up loan program envisages provisioning business start-ups and re-startups with credit on soft conditions to the country's rural poor, who do not have access to credit products, being regarded as “high risk borrowers” because of their low income.

With the received credit, Manana will purchase a mini-bus to trade mixed products: groceries, dishes, and kitchen appliances. Simon will lead the business. He will purchase various products at wholesale prices and sell them in nearby towns with a price markup.

The new business initiative will increase the monthly income for the family. Their living conditions will improve and in the future, they will have enough income to access regular credit products available on the country’s capital market, in case of need.



Loan details


Lenders and lending teams



Loan details