A loan of $5,000 helped to purchase a mini-bus for providing transportation services.


Sarkhan's story

Sarkhan is 28 years old, married, and one child. He lives in Marneuli District with his wife, child, parents, and retired grandmothers. Sarkhan earns a living through his agricultural business. The family has a vineyard and a plot of land where alfalfa is grown. The harvested products are sold in the village. He also runs a small dairy farm with four calves and two milk cows, whose milk is used in dairy products. The family sells the dairy locally.

Sarkhan is requesting a loan, which he will use to purchase a mini-bus to transport the passengers between his village and Baku. His loan request was approved in the framework of the new joint initiative between Kiva and Credo. This start-up loan program envisages provision of business start-up and re-startup loans with soft conditions to the country rural poor, who do not have access to loans and who are regarded as “high risk borrowers” because of their low income.

With the loan, Sarkhan will be able to start a new business providing transportation services to the Marneuli District population. The income of the family will increase and they will be able to improve their living conditions.



Loan details


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Loan details