A loan of $2,000 helped to start selling automobile spare parts.

Asmat's story

Asmat is 44 years old and a married woman from Gori city. She has a husband, a daughter who is a student, and a school-aged son. Asmat's husband is temporarily unemployed and the only source of the family's income is Asmat's job, working as a saleslady. Monthly, she generates 240 GEL. It's clear that only this income isn't enough for a four-member family that continuously has increased needs.

Asmat decided to improve their living conditions somehow and requested a loan for her husband so he can be involved in his own business. Her application was approved within the framework of the joint initiative between Kiva and Credo that gives people a chance to start or restart businesses.

Asmat will use the requested money for renting a stall in the local market, purchasing a stock of car spare parts, and starting trading. Her husband will head up all activities related to this business. The income from this source will be great help for the family so they rely on the goodwill of lenders.

Loan details

Lenders and lending teams

Loan details