A loan of $2,425 helped to purchase a milk cow and groceries for her grocery shop.

Tamar's story

Tamar is 42, and from the small village of Lanchkhuti district. She is married, and lives with her husband, five-year-old daughter, and her mother-in-law. Her mother-in-law has a retirement pension.

Tamar is very hard working woman. She has her own grocery shop and works there. In addition, she is involved in agricultural activities. Specifically, she has a plot of land where nut trees are grown. She sells the harvested nuts at local markets at a good price.

Tamar decided to start a dairy business with the loan, but the local credit providers usually demand experience and some stable income from the borrowers. Tamar’s credit requests were rejected several times, as she was unable to satisfy their requirements.

She received the credit in the framework of the joint initiative between Kiva and Credo - the Startup Program that gives rural poor people the chance to start or re-start businesses. With the loan of 4,000 Gel, she will purchase a milk cow and a stock of groceries for her shop.

When the milk cow is purchased, she will be able to produce dairy products and sell them at her shop. She will also purchase a wide range of products to satisfy her customer’s requirements. With this financial support Tamar will expand her grocery store, attract more customers, and expand the dairy farm.

She promises to make her repayments on time.

Loan details

Lenders and lending teams

Loan details