A loan of $3,000 helped to buy a car and supply more stores with coffee.

Giorgi's story

Giorgi is a 25-year-old hard-working man, who lives in Batumi city. He has parents and two student sisters. Giorgi's generated salary is the only source for this five-member family. Giorgi gets income from purchasing stock of coffee, grinds it and then supplies stores and shopping malls around the city. He serves clients with a hired car and gets private orders. This business initiative is lucrative for him, but he needs money for further development. Giorgi requested a loan of 3,000 USD for purchasing his own car and to save more income for himself.

The start-up program, that is joint initiative between Kiva and Credo, enables rural poor people to get a loan for starting or re-starting businesses. His application was approved under the framework of this program to get a loan and purchase a secondhand car. With this financial support, he will expand his distribution and attract more customers. Giorgi will be able to save and provide a better future for his family.

Loan details

Lenders and lending teams

Loan details