A loan of $5,000 helped to start up a fast-food cafe.


Zaur's story

Zaur lives in the suburb of Georgia's capital city Tbilisi. He is 46 years old and lives with his son and daughter-in-law. Zaur’s wife lives and works in Turkey to help her family financially. Zaur has a car and serves locals as a taxi driver. Several times, Zaur has requested loans from local credit providers, but his loan requests were always rejected because of his lack of experience in new business. His current loan request was approved within the framework of a new joint initiative between Kiva and Credo. The start-up loan program envisages the provision of business start-up and re-startup credits with soft conditions to the country's rural poor. They do not have access to credit products, being regarded as “high risk borrowers,” because of their low incomes. With the received credit, Zaur will start up a fast-food café. He will sell sandwiches, pies, and carbonated drinks. Zaur hopes his business will be profitable and that he will attract many customers since there is no similar café nearby. The profit will be reinvested in the same business and Zaur will be able to improve the living conditions of his family.



Loan details


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Loan details