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Inga, age 41, is from the small town of Rustavi. She is married and lives with her husband, in-laws, and two children. Inga’s economic activity is her small store where secondhand furniture is sold. Her husband runs a small bakery in the town and bakes Georgian bread. Inga wishes to start a second bread bakery in which traditional Georgian bread will be baked near her furniture store. The location is great and always crowded with people, which is the reason why the family thinks that the initiative will be lucrative.

Inga has rented the commercial space and now needs the money to buy all the needed equipment and raw materials. Inga hopes her bakery will be profitable and the family will have an additional source of income.

She awaits your support.

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
  • 29
    View loans »
    Georgia Loans Fundraising
  • $8,567,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $4,300 helped Inga to open a bakery in which traditional Georgian bread will be baked.
100% repaid
Repayment Term
33 months (Additional Information)
Repayment Schedule
Nov 30, 2013
Dec 25, 2013
Currency Exchange Loss:
Dec 2, 2014