A loan of $2,000 helped to purchase a car for use as a taxi.


Gamila's story

Gamila is 57 years old. She lives in Gardabani District with her husband, son and daughter-in-law. Gamila requested a loan from local financial institutions several times for a family business start-up, but without any success. Her loan request was rejected all the time, because of low income and the family’s poor living conditions. The only source of income for the family is their agricultural activities. In particular, they have a plot of agricultural land, where different kinds of vegetables are grown. They sell the harvested products locally. It is hardly enough to provide food for the family. According to Credo estimations, the family belongs to the subsistence poor category. Gamila requested a loan from Credo to start up a family business. Gamila has now been approved for a loan, within the framework of the new joint initiative of Kiva and Credo. The Start-up Loan program envisages provision of business start-up and restart-up credits, with soft conditions, to rural poor people who do not have access to other credit products. These rural poor people are regarded as “high risk borrowers” because of their low income. With the credit, Gamila will purchase a car. After purchasing a car her husband will serve local people as a taxi driver and increase the income of the family. The new business initiative, financed with the Kiva Start-up Loan, will significantly improve the living conditions of the family.



Loan details


Lenders and lending teams



Loan details