A loan of $3,000 helped to start up a grocery store.

Eka's story

Eka is 29 years old, married, and lives with her husband, infant child and her mother in their home, located in the town of Kutaisi. Eka’s husband is a worker at the local confectionery and her mother works as a saleslady in the supermarket. Eka is unemployed at the moment, but she has a great desire to start a business and have a stable income.

As the existing family revenue is not enough to cover everyday expenses, Eka decided to start up a grocery store, but she needs financial support to implement her plan. Unfortunately, Eka lacks the access to capital markets and financial institutions to obtain credit for starting business, as they require stable income and business experience. She received the credit in the framework of joint initiative of Kiva and Credo, the so-called Startup Program that gives rural poor people the chance to start or re-start businesses.

With the loan of $3000 Eka will purchase stocks of basic groceries such as dairy products, beverages, hygienic items etc, and provide her clients with a wide assortment of production. The Kiva loan will be a great support for Eka to increase the turnover gradually and generate income.

Loan details

Lenders and lending teams

Loan details