A loan of $750 helped to buy brand-new clothing and expand her trading business.


Sopio's story

Sopio is 38 years old. She lives in a suburb of Tbilisi (the capital city) with her father, brother and sister-in-law. Sopio’s father works as service staff at the local kindergarten, her brother is an operator at the petrol station, and her sister-in-law works as a consultant at the supermarket. All of them receive monthly salaries. Sopio’s economic activity is a small-scale trading business. She sells second-hand clothes and shoes locally. She applied for a loan from Credo to develop the trading business. Her loan application was approved in the framework of a new joint initiative of Kiva and Credo. The start-up loan program envisages providing of business start-up and re-startup credits on soft conditions to the rural poor, who do not have access to credit products, because they are regarded as “high risk borrowers” because of their low incomes. With the credit Sopio will buy brand-new clothing to sell with the used clothing. With the new business initiative, Sopio will be able to attract new customers and gradually increase the turnover in her trade business. Sopio awaits your support.



Loan details


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Loan details