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Jimsher, age 28, is a very kind and hardworking married man. He lives with his wife, parents and two children. The only one who makes money in the household is Jimsher’s father, who serves local people as a taxi driver with his own car.

Jimsher is a manufacturer and used to work as a hired employee at a metal and plastic workshop. Now, he plans to start his own one and generate monthly income. To be able to start up his business, he is requesting a $1250 loan. His loan request was approved, in the frame of a new joint initiative of Kiva and Credo. With the amount he is asking for, Jimsher will buy materials for making doors and windows. He owns all the needed equipment for manufacturing and hopes his business will be lucrative. He will manufacture and sell them at a good price, because demand is high in the region. This loan will be a great help for Jimsher, to generate revenue and give his family better financial stability.

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
  • 36
    View loans »
    Georgia Loans Fundraising
  • $8,323,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Jimsher to purchase materials for manufacturing windows and doors.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 13, 2013
Dec 14, 2013
Currency Exchange Loss:
Dec 17, 2014