A loan of $2,500 helped to start up a grocery store.


Besik's story

Besik, 36, is married and lives with wife and two children (2 and 5 years old) in the village of Sanakhshire. Besik is the only one who makes money in his household by doing construction work and completing custom projects locally. Besik is a very enthusiastic man and wants to generate more income and help the family. Their existing income is not enough to cover everyday expenses. So, Besik decided to start up a grocery store, but found that he didn't have enough money to do so. Unfortunately, Besik was unable to obtain a loan from existing financial institutions, as they require a stable income and business experience as a precondition for a loan. But Besik has now received his loan within the framework of a new joint initiative between Kiva and Credo. This start-up loan program provides start-up and re-start up loans with simple terms to the country's vulnerable poor who do not have access to credit. With a loan of 2,500 USD, Besik will rent commercial space in his district and purchase basic groceries for starting up a store. He will care for his clients and treat them in a kind and friendly way. With this determination and his loan he expects to improve his income and give his family members better living conditions.



Loan details


Lenders and lending teams



Loan details