A loan of $5,000 helped to purchase inventories for starting a cafe.


Gela's story

Gela is 22 years old and lives with his wife and two children in the Marneuli district. Gela does not have a source of income at the moment, as he is unemployed. The only income provider in the family is Gela’s wife, who works as an artist locally.

Gela plans to start up a café. The local credit providers have rejected his loan request because of his low income. His loan request was approved in the frame of a new joint initiative of Kiva and Credo. The start-up loan program envisages the provisions of business start-ups and re-startup credits with soft conditions to the country's rural poor who do not have access to credit products, as they are regarded as “high risk borrowers” because of low income.

With the increased credit, Gela will purchase building materials, all the kitchen appliances, and stocks of products that will be used for starting the café. According to Gela’s estimations, his project will be profitable, and he will attract many customers. As a result of the new business initiative, the income of the family will increase and their living conditions will improve. In addition to the above mentioned, in case of need in the future, the family will have enough income to access regular credit products available on the country’s capital market.



Loan details


Lenders and lending teams



Loan details