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Ana, age 27, is married with two children. She lives in Georgia’s legislative capital, Kutaisi.

Ana’s spouse works as a distributor for a private company and gets a monthly wage. Ana is a cosmetician and serves women from her house. She has many loyal clients and offers a wide variety of beauty services. Her business is going well, and this is the reason why Ana decided to develop it and start up a cosmetology room in her city.

With the received startup loan, Ana will purchase all the needed equipment and cosmetic products to serve the clients and satisfy their needs. She hopes to attract more customers, as she’s quite skillful in this field.

Ana hopes for your generosity.

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
  • 51
    View loans »
    Georgia Loans Fundraising
  • $8,643,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ana to start a cosmetology room.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Aug 14, 2013
Sep 16, 2013
Currency Exchange Loss:
Jul 17, 2014