A loan of $1,200 helped to import secondhand furniture from Turkey and to partition her house for renting out.

Tina's story

Tina is a 43-year-old divorced woman living with her child in the suburb of the capital city. Tina has recently returned from Turkey where she worked for 8 months to cover the costs of her child’s medical treatment. Before that occasion, Tina used to import secondhand furniture from Turkey and sold them in Georgia. She wants to restart up the trading business but found she didn’t have enough money to do so.

Tina couldn’t receive a loan from the local financial institutions, because of their requirements to have business experience or stable revenue, until the Start Up program began which is a joint product of Kiva and Credo. The program allows vulnerable poor like Tina to get a chance for starting or re-starting businesses. She requested a loan of 1200 USD to restart trading furniture. Tina will go to Turkey and purchase the products at wholesale prices and then resell among her old customers who already expressed an interest in buying the furniture. Part of the loan will be used for partitioning her house. Tina will rent out half of it to get a monthly income.

Because of the Start Up program, Tina will be able to make savings and provide a better future for her child.

Loan details

Lenders and lending teams

Loan details