A loan of $3,000 helped to purchase a mini-bus for trading fruits and vegetables.


Amiran's story

Amiran is 44 years old. He lives in Khelvachauri District with his family: his wife, his 10-year-old daughter and his retired mother. Amiran 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. Besides this, he grows mandarins and sells them at the local open market. According to government estimations, the family belongs to the vulnerable poor category, and they get monthly social assistance. Amiran requested credit to start up a trade business. His 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, Amiran will purchase a mini-bus to trade fruits and vegetables. He will buy products in East Georgia at wholesale prices and sell them at a good price in his district. 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