A loan of $1,525 helped to open a grocery shop.


Natalia's story

Natalia is 39 years old. She lives in the small village of Sagarejo District with husband Teimuraz. Natalia has requested a loan from local financial institutions several times for family business start-up, but has never had any success. Her loan request was rejected each time because of her family's low income and poor living conditions.

Natalia is involved in agricultural activities. In particular, she has a milk cow and produces cheese products to sell. Teimuraz has a car and works among the local people as a taxi driver. Natalia requested a loan from Credo to start up a family business. Natalia has now been approved for a loan within the framework of a new joint initiative between Kiva and Credo. The start-up loan program envisages providing business start-up and re-startup credits with soft conditions to rural poor people who do not have access to traditional credit products. These rural poor people are regarded as “high risk borrowers” because of their low income. With her loan, Natalia will purchase a stock of groceries and open a local grocery shop. Opening a shop will increase the income of the family. Part of the income will be reinvested in the same business. This new business initiative financed with this Kiva start-up loan will significantly improve the living conditions of the family.



Loan details


Lenders and lending teams



Loan details