A loan of $1,825 helped to purchase a car and serve local people as a taxi driver.


Solomon's story

Solomon is 56 years old, married, and has two adult children. He is from the small village of Gurjaani district. Each member of the family is actively involved in agricultural activities. They have two pigs and a vineyard. They sell piglets seasonally and produce wine.

As the existing income is not enough for a four-member family, Solomon decided to get a loan. All the financial institutions rejected his loan requests because of his unstable financial conditions and lack of experience. After several unsuccessful attempts, Solomon applied for a loan from MFO Credo. His request was approved in the framework of the Start Up program, which is joint initiative with Kiva, permitting the rural poor to start or re-start businesses. With a loan of 3,000 GEL, Solomon will be able to purchase a car and serve local people as a taxi driver. With support of the Start Up program, he will get an opportunity to be involved in his own business and tackle the financial difficulties.



Loan details


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Loan details