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Nani is 55 years old. She lives in the Zhinvali district with her husband and mother. Her mother is provided with a retirement pension. Nani is unemployed nowadays. She is a very hardworking woman and wants to start her own business. The start-up program, which is a joint initiative with Kiva and Credo, enables her to get a loan of 4,000 gel to open a market. Once the market is open, Nani will work there as a saleslady. She will control all the sales and turnover of the market and will generate profit. The start-up program will be great support for the family. Nani 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
  • 45
    View loans »
    Georgia Loans Fundraising
  • $8,648,750
    Funds lent in using Kiva
  • 1.8
    Georgia Lari (GEL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,275 helped Nani to open a market.
96% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 8, 2014
May 10, 2014
Currency Exchange Loss: