A loan of $1,275 helped to buy more merchandise for her general store.


Gulnazi's story

Gulnazi and her family live in the village of Dablatsikhe. She is 58 years old and has a grown son who is a hired worker and gets a small monthly salary. Nearly 20 years ago, Gulnazi began her own shop, selling food and household items including sweets and candies, dairy products, eggs, canned goods, dishes, etc. She considers her business fairly profitable but it needs support for further development. Gulnazi has decided to renew her entire inventory, so she is requesting a loan of 2,100 GEL. Her loan request was approved in the framework of a new joint initiative between Kiva and Credo. The start-up loan program envisions the provision of a business start-up and re-start-up credits with reasonable conditions for the country's rural poor who do not have access to credit products since they are regarded as “high-risk borrowers” because of low income. With the amount Gulnazi is asking for, she will buy more merchandise and have a well-stocked store. She will attract more clients and increase the turnover gradually. This credit will be a great help for Gulnazi to add more products to her store. She hopes for and awaits Kiva lenders' support and kindness.



Loan details


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Loan details