Rusudan and her life partner work hard to save, but they still don’t have enough money to improve their living conditions. Rusudan is very grateful for Kiva lenders and Credo, as she has been offered a 2000 GEL loan that will allow her to buy construction materials such as cement, iron, sand, bricks, etc. In this way, the couple will be able to build a bathroom for her house.
With this loan Rusudan and her husband will upgrade their home so they can enjoy living in it and improve their quality of life.
About LLC Micro Finance Organization CredoLLC 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 Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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