A loan of $2,500 helped to purchase basic groceries for resale.

Merab's story

Merab is 53 years old, married, and lives with his wife and retired mother in the Tkibuli district. The family has income from an Internet cafe run by Merab in his district. The existing revenue is only enough to cover everyday expenses. So, Merab decided to start up a grocery store to increase the family income, but he needs financial support to implement his plan.

Unfortunately, Merab lacks access to financial institutions to obtain credit for starting a business, as they require stable income and business experience. He received credit within the framework of a joint initiative of Kiva and Credo. The start-up program gives rural poor people the chance to start or re-start businesses. With the loan of $2,500, Merab will purchase basic groceries for starting a grocery store. His wife will work as a saleslady. With this assistance, the family will receive additional income and expand their business gradually. Merab awaits your kindness.

Loan details

Lenders and lending teams

Loan details