A loan of $2,000 helped to start a fast food cafe and sell doner.


Tsotne's story

Tsotne is 24 years old. He lives in the village of Dzevri with his mother and a brother. Tsotne leads the family agricultural business. Specifically, he owns five cows and sells the dairy products locally. In addition, he has a vineyard and produces wine to sell with the harvested grapes. Tsotne requested a loan from local financial institutions several times for a fast food business start-up, but without any success. His loan request was rejected all the time because of a lack of experience in this field. His loan request was approved in the framework of the new joint initiative of Kiva and Credo. The start-up loan program envisages the provision of business start-up and restart-up credits with soft conditions to country vulnerable poor who do not have access to credit products, being regarded as “high risk borrowers” because of low income. With the received credit, Tsotne will purchase all the needed equipment and the stock of raw materials to make doner. He will start the café and hopes his business will be profitable as there is not a similar café nearby. The new business initiative, financed with the Kiva start-up loan, will significantly improve the living conditions of the family.



Loan details


Lenders and lending teams




Loan details