A loan of $2,000 helped to purchase a car so he can begin trade with fruits and vegetables.

Rauli's story

Rauli is a 29-year-old young single man. He lives with his mother in a small village of Marneuli district. His mother is provided with a retirement pension.

Sadly, for lack of economic resources and because he had to start working at a very young age, Rauli was unable to study for a professional career. He works hard on family-owned agricultural land, growing maize, and he does all the agricultural work to make sure of a good harvest. Besides, he has 2 milking cows and 5 pigs. Rauli’s mother milks the cows and produces dairy products (yogurt, cheese) for selling.

As the family has only seasonal income, Rauli decided to start his own business and seek credit among local financial institutions, but his attempts were unsuccessful because of his poor living conditions. The start-up program, which is a joint initiative between Kiva and Credo, enables the rural poor and inexperienced people to get a loan for starting or re-starting businesses.

His application was approved under the framework of this program to get a loan of $2,000 for purchasing a car. After purchasing a car, Rauli will begin trade with fruits and vegetables. He will purchase fruits and vegetables from the wholesalers in different villages, and then resell them in the capital city at a higher price.

The start-up credit will be a great support for the family, as their income will be significantly increased thanks to Kiva lenders.

Loan details

Lenders and lending teams

Loan details