A loan of $1,575 helped to begin livestock trade.


Bidzina's story

Bidzina is 52 years old. He lives in the small village of Telavi District with his wife and son. Bidzina requested loans from local financial institutions several times for a family business start-up, but without any success. His loan requests were rejected all the time because of low income and the family’s poor living conditions.

Bidzina serves local people as a taxi driver and gets income. Besides this, he has a vineyard and produces wine for selling. It is hardly enough for food for the family. According to Credo estimations the family belongs to the 'subsistence poor' category.

Bidzina requested a loan from Credo to start-up family business. Bidzina 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 the provision of 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 income.

With his credit Bidzina will begin trade livestock. He plans to purchase 5 calves, raise, and resell them at a good price. This will increase the income of their 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