A loan of $1,600 helped to purchase clothing and household items for resale.

Roza's story

Roza is 62 years old and from the Gardabani district. She is the mother of one daughter who is married and lives separately with her family. Roza lives alone and works at the local café as a cook. She earns a small monthly salary, but she wants to start a trading business to earn additional income. She decided to start a retail clothing business with a loan, but the local credit providers usually demand experience and some stable income from borrowers. Roza’s credit requests were rejected several times, as she doesn’t satisfied their requirements.

She received credit through a joint initiative between Kiva and Credo. The Startup Program gives vulnerable poor people the chance to start or re-start businesses. With the loan of 1,600 USD, she will purchase clothing and household items at wholesale prices and sell them in her community door-to-door. Her regular customers will be her co-workers and neighbors. It is obvious that the job is hard for Roza, but she is ready to deal with the difficulties and develop her trading business gradually. The Start Up credit will be a great support for Roza, as her income will be significantly increased.

Loan details

Lenders and lending teams

Loan details