A loan of $5,000 helped to purchase stock of groceries and to open a grocery shop.

Ekaterine's story

Ekaterine is 31 a year old married woman. She lives with her husband and father-in-law in Tbilisi, the capital city of Georgia. Her husband and father-in-law work at a petrol station, and they both get small monthly income.

Ekaterine graduated from teachers' college, and works as a teacher at the local public school. Unfortunately, a teacher’s salary is not enough to make ends meet for a family. In the region, there is a high unemployment rate, but self-employment helps inhabitants to make living. So, she decided to start her own business with a loan, but the local credit providers usually demand experience and some stable income from the borrowers. Ekaterine’s credit requests were rejected several times, as she was unable to satisfy their requirements. She received the credit in the framework of a joint initiative of Kiva and Credo in a start-up program that gives rural poor people the chance to start or re-start businesses.

With the loan of $5000, she will purchase stock of groceries and open a grocery shop. This will increase the income of her family. The new business initiative, financed with the Kiva start-up loan, will significantly improve the living conditions of the family.

Loan details

Lenders and lending teams

Loan details