A loan of $2,500 helped to buy a car and begin a taxi business.

Valerian's story

Valerian is 31 years old and married. He lives with his wife in the Telavi district of east Georgia.

Nowadays the family is out of a source of income. Valerian decided to start a business and requested a loan. All the financial institutions rejected his loan requests because of his unstable financial condition and lack of experience.

After several unsuccessful attempts, he applied for the credit to MFO Credo. His request was approved in the framework of the Start Up program, which is a joint initiative with Kiva permitting the rural poor to start or re-start businesses.

A loan of USD 2,500 will help Valerian to purchase a second-hand car. He will serve the local people as a taxi driver and transport them inter-city.

Valerian is a very enthusiastic and hard-working person. This credit will be a great support for the family. Valerian is thankful to Kiva lenders for giving him a chance to generate income.

Loan details

Lenders and lending teams

Loan details