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Imeda is 35 years old. He is a graphic designer from the Akhaltsikhe district. He is married and lives with his wife, mother-in-law and four children (1, 8, 9 and 11 years old). Imeda is the only one who makes money in his household. He has rented a place in his district and is actively involved in the graphic arts industry. Imeda works on special orders and creates visual concepts of furniture, billboards, cars, architecture, etc., using computer software.

He works hard and the business is going well, but his earnings are not enough for such a large family. For this reason, Imeda decided to diversify the business and requested credit from MFO Credo to purchase souvenirs and jewelry for selling. Imeda will purchase them in the capital city at wholesale prices from his friend and display the items in the commercial space where he works. He will hire a salesperson and hopes that the business generates additional income.

He is a very enthusiastic and energetic young man with a great desire to get ahead. Imeda awaits your kindness.

Additional Information

More information about this loan

This loan is part of Credo's startup loan program targeting particularly vulnerable clients who live at the subsistence level and have been unable to obtain credit due to lack of income from an existing business. This program offers them a longer repayment term and an annual interest rate that is 5% lower than the standard interest rate. By funding this loan, you are supporting a program that gives borrowers a second chance to start and grow small businesses. This has the potential to alleviate the effects of poverty, significantly improving borrowers' incomes and their families' quality of life. Learn more about Credo's startup loan program on the Kiva Blog.

About LLC Micro Finance Organization Credo

LLC Credo (Credo) is a microfinance organization in Georgia that provides sustainable credit services to alleviate poverty in rural areas, including business loans, agriculture loans, household loans, crop insurance and more. Kiva lenders’ funds are used to help the organization expand its outreach to even more entrepreneurs, farmers and households in remote areas.


About Georgia

  • $6,100
    Average annual income
  • 28
    View loans »
    Georgia Loans Fundraising
  • $8,567,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $2,200 helped Imeda to purchase souvenirs and jewelry for selling.
Repayment Term
18 months (Additional Information)
Repayment Schedule
Jul 24, 2013
Aug 27, 2013
Currency Exchange Loss:
Sep 26, 2013