A loan of $2,500 helped to purchase a car to use it as a taxi.


Zurab's story

Zurab lives alone in the capital city of Tbilisi. He is 26 years old. The only source for Zurab is a small monthly income working as an artisan. Zurab decided to start his business as the existing income isn’t enough for him and his living conditions are poor. His loan request was approved in the frame of a new joint initiative of Kiva and Credo. The start-up loan program envisages provision of business start-up and restartup credits with soft conditions to country rural poor, who do not have access to credit products, being regarded as “high risk borrowers” because of low income. With the received credit, Zurab will purchase a car and serve local people as a taxi driver. The income of Zurab will increase and he will be able to improve the living conditions of his family. Along with the above-mentioned, Zurab will have enough income to access regular credit products available in the country’s capital market, in case of need.



Loan details


Lenders and lending teams



Loan details