A loan of $3,000 helped to set up a grocery store.


Nazi's story

Nazi is 57 years old. She is a widow and lives in the Khoni District with her grown son. Nazi works as a nurse locally and gets a small monthly income. Besides, the family runs an agricultural business. In particular, they own two milk cows and a calf. Nazi milks the cows twice a day and produces cheese, which is sold at the local open market. In addition, Nazi has 13 bee-hives with bee colonies and sells the honey at a good price. Nazi has requested loans from local financial institutions several times to start a trading business, but without any success. Her loan requests were always rejected because of lack of experience in the new business, which is usually demanded by local credit providers. Her loan request was approved within the framework of a new joint initiative between Kiva and Credo. This start-up loan program provides credit to the rural poor who do not have access to it, being regarded as “high risk borrowers” because of their low income. Nazi owns a building and plans to set up a grocery store there. With the loan she will purchase stock for the store. Selling grocery products will positively impact the family. This new business initiative will double their income and enable them to improve their living conditions.



Loan details


Lenders and lending teams



Loan details