A loan of $1,200 helped to purchase basic groceries to set up a grocery store.

Nana's story

Nana is 55 years old, widowed, and lives with her grown son in the capital city, Tbilisi. She works as a cleaner in the Kids store and gets a small monthly salary. Her son is an artisan and works on special orders. The existing income is only enough to cover everyday expenses. So Nana decided to start up a grocery store to increase the family income but she needs financial support to implement her plan.

Unfortunately, Nana lacks access to financial institutions to obtain credit to start a business, as they require a stable income and business experience. She received the credit in the framework of a joint initiative of Kiva and Credo, the so called Start-up Program, that gives rural poor people the chance to start or re-start businesses.

With the loan of 1,200 $ Nana will purchase basic groceries to set up a grocery store. She will take care of her clients and treat them in a kind and friendly way. With this assistance, she expects to improve her income and increase the turnover gradually. Nana will work hard to tackle her financial difficulties and make her repayments on time.

Loan details

Lenders and lending teams

Loan details