Check out some available loans that are similar to this one!
Nino is 23 years old and married, living in a capital city suburb with her husband and in-laws. Nino doesn’t have any business or source of income. Her family members are employed at different private companies and get monthly salaries.

In order to generate income on her own, Nino decided to start the business and purchase cellphones and accessories for selling from a small store. All the financial institutions rejected her loan requests because of her unstable financial condition and lack of experience. A loan of $2,500 will help Nino to purchase cellphones in bulk and sell them for a profit.

Nino is very enthusiastic and a hardworking person with a great desire to get ahead. This credit will be a great support for the family. Nino is thankful to Kiva lenders for giving her a chance to generate income.

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
  • 46
    View loans »
    Georgia Loans Fundraising
  • $8,648,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Nino to purchase cellphones and accessories in bulk for resale.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 6, 2013
Dec 8, 2013
Currency Exchange Loss:
Dec 17, 2015