A loan of $2,000 helped to start up a general store.


Natia's story

Natia is 41 years old. She is married and lives in the Black Sea coastal city of Barumi with her husband and two grown sons. Natia’s husband and elder son work as security guards in return for small-sized monthly salaries. The family doesn’t have any other source of income, and unfortunately the guard salaries are not enough to cover food and daily costs.

Natia has made multiple loan requests, without success, from the local financial institutions in order to start up a trading business. Her loan requests were rejected each time due to low income. Now, Natia’s loan request has been approved as part of the new joint initiative between Kiva and Credo. The start-up loan program provides business start-ups and restart-ups with loans with soft conditions. Borrowers are the vulnerable poor, who do not have access to credit products, since they are regarded as "high-risk borrowers" because of their low income.

With the loan, Natia will rent the store, install shelves and purchase merchandise for setting up a general store. She will buy a variety of household and daily consumer products and sell them from her store. Natia hopes her project will be profitable and generate income for improving the family's standard of living in the future.



Loan details


Lenders and lending teams




Loan details