A loan of $400 helped to start selling household goods.


Nunu's story

Nunu is 69 years old and lives in the Gurjaani district with husband, son and two grandchildren. She and her husband have a retirement pension. Nunu has requested loans from local financial institutions several times to open a start-up, but without any success because of her low income and the family’s poor living conditions. According to Credo estimates, the family belongs to the subsistence poor category. Nunu has now requested a loan from Credo to open her start-up. The loan has been approved within the framework of a new joint initiative by Kiva and Credo which provides start-up and re-startup credits under easy terms to the rural poor. With his credit, Nunu will begin selling household goods that she buys in Turkey and sells in her neighborhood at a higher price. This will significantly improve the living conditions of the family.



Loan details


Lenders and lending teams



Loan details