A loan of $3,000 helped to purchase a mini-bus.


Jeikhun's story

Jeikhun is 23 years old, single, and lives in Dmanisi District with his mother and grandmother. Jeikhun is the only income provider in the family. He runs a small dairy farm with a calf and three milk cows. Jeikhun milks the cows and sells the milk locally. He is requesting a loan which he will use to purchase a mini-bus. With his mini-bus, he will transport passengers between Amamlo and Baku. He will also transport fruits and vegetables from his village and sell them in Baku for a good price. His loan request was approved in the framework of the new joint initiative between Kiva and Credo. This start-up loan program will provide business start-up and re-startup loans with soft conditions to the country's rural poor, who do not have access to credit products and who are regarded as “high risk borrowers” because of their low income. With the loan, the income of the family will increase and they will be able to improve their living conditions. Along with the above-mentioned, Jeikhun's family will have enough income to access regular credit products available on the country’s capital market.



Loan details


Lenders and lending teams



Loan details