A loan of $1,000 helped to purchase a stock of groceries and open a shop.


Zoia's story

Zoia is a 58-year-old married woman from the Dusheti district. She lives with her husband and son. Her son is the only person in the family who is working; he works as a guitar teacher and receives a small monthly income. In the region, there is a high unemployment rate, but self-employment helps the inhabitants to make a living. So Zoia decided to start own business with a loan, but the local credit providers usually demand experience and some stable income from their borrowers. Zoia’s credit applications were rejected several times, as she was unable to satisfy their requirements. She received credit in the framework of a joint initiative of Kiva and Credo, the Startup Program, which gives rural poor people the chance to start or re-start businesses. With the loan of $1000, she will buy a stock of groceries. She has a commercial space, where she is going to open a shop. As the stock of groceries is purchased, she will be able to work in her shop and increase the family income. The Startup credit will be a great support for the family, as their income will be significantly increased, thanks to Kiva lenders.



Loan details


Lenders and lending teams



Loan details