A loan of $1,000 helped to purchase stocks of jewelry and start selling them.

Kristine's story

Kristine is a 21-year-old young woman from Kutaisi. She lives with her mother and two brothers. Kristine's father lives abroad. Her mother is involved in a trading business and generates 200 GEL per month of income. Her brothers are temporarily unemployed. Kristine wasn’t able to get an education and so she has no university degree, which is one of the main reasons of her unemployment. She has a great desire to be involved in a selling business.

Kristine couldn’t receive a loan from the local financial institutions, because of their requirements to have business experience or stable revenue, until the Start Up program began, which is a joint product of Kiva and Credo. The program allows rural poor like Kristine to get a chance for starting or re-starting a business. She requested a loan of 1,000 USD to begin selling jewelry and accessories.

She plans to purchase the products at wholesale prices and then resell them among her friends and neighbors. This will give her a chance to earn income and become financially independent. In regards to the Start Up program, Kristine will be able to make savings and provide a better future for her family. She awaits your support.

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Loan details