A loan of $5,000 helped to purchase a truck and begin trading in fruits and vegetables.


Avtandil's story

Avtandil is 58 years old and married. He lives with his wife in the Lagodekhi district of East Georgia. His wife is a housekeeper.

Avtandil is involved in agricultural activities. He works hard on family-owned agricultural land, growing cabbages, cucumbers, and eggplants. He always has high-quality products, which he sells to local retailers for a good price.

As the family has only seasonal income, Avtandil decided to start a transportation business. He sought credit among local financial institutions, but his attempts were unsuccessful because he was considered too poor. The start-up program, a joint initiative between Kiva and Credo, enables the rural poor and inexperienced people to get a loan for starting or re-starting businesses.

Avtandil's application was approved under the framework of this program to get a loan of US$ 5,000. He will use the money to purchase a truck to begin his transportation business. He plans to begin trading with fruits and vegetables seasonally. When there's no harvest, especially in winter time, he will get orders to transport cargo to different destinations. So he will use the truck to have stable income.

This will give him the chance to improve his family's living conditions and also to expand his agricultural business with the increased income. The new business initiative will give Avtandil the chance to have financial stability and monthly income.



Loan details


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Loan details