A loan of $1,100 helped to purchase clothing at wholesale prices to resell in the local market.


Elmira's story

Elmira is 39 years old and lives in the Gardabani district with her husband and child. She’s unemployed at the moment. The only source of income for the family is the unstable income earned by Elmira’s husband who works as a construction assistant from time to time. As their existing income is very small and not enough to cover everyday expenses, Elmira decided to start up a clothing sales business. However, local credit providers usually demand experience and some stable income from the borrowers. Elmira’s credit requests have been rejected several times as she didn’t satisfy their requirements.

Elmira is requesting a 1,100 USD loan to purchase clothing at wholesale prices and resell it in the local market and from her house to her neighbors. Her loan is within the framework of a joint initiative of Kiva and Credo, the so-called Startup Program, that gives vulnerable poor the chance to start or re-start businesses. Elmira plans to sell a wide assortment of well-priced clothing for men, women, and children. It is obvious that her job is hard for Elmira, but she is ready to deal with the difficulties and develop her business gradually. The Start Up credit will be a great support for the family and their income will be significantly increased thanks to Kiva Lenders.



Loan details


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Loan details