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Sanan, 21 years old, lives in the Marneuli district with his wife and two infant children. Sanan’s wife earns a monthly income by selling cosmetics door-to-door among her community members. Sanan’s economic activity is his newly started tea-house in a rented commercial space.

As his earnings are not enough to cover utilities and food costs, Sanan has decided to diversify the business and remodel his tea-house into a café, where doner and khinkali (Georgian traditional food) will be sold. Doner (kebab/sandwich/gyro) has become a very popular fast food dish in the last several years in Georgia. According to Sanan’s estimation, sales will be high.

Sanan is requesting a loan to buy all the needed equipment such as a doner machine, oven, etc. He will also buy raw materials for making food. The income from the café will be a great support for the family as it will generate additional income. Sanan appreciates your kindness.

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
  • 37
    View loans »
    Georgia Loans Fundraising
  • $8,314,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Sanan to start up a food cafe.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Nov 25, 2013
Dec 24, 2013
Currency Exchange Loss:
Feb 22, 2014