Check out some available loans that are similar to this one!
Lia is a 66-year-old woman. She lives in Tkibuli district, eastern Georgia. Lia trades agate gems. The income from this business is not enough for her to cover everyday costs. Lia graduated from dental college. She decided to open a dental clinic with a loan and sought credit among financial institutions. All her attempts were rejected because of a lack of experience and financial stability.

The startup program, which is joint initiative with Kiva and Credo, gives her a chance to get a loan of $2,000 and purchase dental equipment. As the equipment is purchased, she will open a clinic in her house and will serve local people from home. The startup program will be a great support for her to be involved in her own stable business.

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
  • 39
    View loans »
    Georgia Loans Fundraising
  • $8,578,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Lia to purchase equipment to open a dental clinic.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Aug 22, 2013
Sep 24, 2013
Currency Exchange Loss:
Sep 17, 2014