A loan of $3,800 helped to rent space and open a Microsoft Office learning center.

Ana's story

Ana is 21 years old. She lives in the Rustavi district of Georgia with her parents, sister and retired grandfather. Ana requested a loan from local financial institutions several times for a family business start-up, but did not have any success. Her loan request was rejected because of her low income and her family’s poor living conditions.

Ana is a teacher of Microsoft Office programs. She is giving private lessons and earns a small monthly salary. Her father is working on a mini bus-line and her sister is video operator. Their family also receives additional income from Ana’s grandfather’s monthly pension.

Ana requested a loan from Credo to start-up a business. Ana has now been approved for a loan within the framework of the new joint initiative of Kiva and Credo. The start-up loan program provides business start-up and re-startup credits with soft conditions to rural poor people who do not have access to credit products. These rural poor people are regarded as “high risk borrowers” because of their low incomes. With her credit Ana will rent a commercial space and purchase all the needed equipment to open a Microsoft Office learning center. As Ana will have a bigger space and more computers she will be able to give group lessons and have more students. She is already well known in this field in her district, so her business will be successful. This will significantly increase her income. The new business initiative, financed with the Kiva Start-up loan, will significantly improve the living conditions of her family.

Loan details

Lenders and lending teams

Loan details