A loan of $3,500 helped to purchase a stock of merchandise for his general store.

Iorami's story

Iorami is a 26-year-old man, who lives in Gori city. He has only a disabled brother, who gets monthly assistance from the local government.

Iorami is a distributor in a private company and, monthly, he generates GEL 400. He has just rented a place for a general store and he has requested a loan for working capital.

His request has now been approved within the framework of an initiative between Kiva and Credo and he is able to use the start-up loan to set up the general store, located in the center of the town. The loan of USD 3,500 will help Iorami to purchase a stock of merchandise, such as groceries and household goods.

After the general store is opened, the family will have a stable income, which will enable them to cover everyday costs as well as expanding the business in the future. Iorami relies on the goodwill of the lenders and he awaits your support.

Loan details

Lenders and lending teams

Loan details