A loan of $1,200 helped to pay a toll for his car.


Besik's story

Besik is a 27-year-old married man. He lives with his wife in the capital city of Georgia. Besik and his wife are unemployed now. His relatives help them with money. In the region there is a high unemployment rate, but self-employment helps inhabitants to make living. So, he decided to start a taxi business with the loan but the local credit providers usually demand experience and some stable income from the borrowers. His credit requests were rejected several times, as he was unable to satisfy their requirements. Besik received the credit in the framework of a joint initiative of Kiva and Credo - Startup Program that gives rural poor people the chance to start or re-start businesses. With the loan of $1200, he will pay a toll for his car, which he has purchased already. He will serve local people as a taxi driver and generate income.



Loan details


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Loan details