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Nato is 49 years old. She lives in the Baghdati District with her husband and two children, who both go to school. Her husband has chronic health problems and receives a small pension from the local government.

Nato has requested loans from local financial institutions several times, without success, to start a family business. Her loan requests have been rejected because of her low income and her family’s poor living conditions.

The family owns a plot of land where they grow grapes to make wine. They also grow corn, and harvested products are sold locally at the markets. According to Credo estimations, the family belongs to the subsistence poor category.

Nato has requested a loan from Credo to purchase a milk cow. Her loan request has been approved under a new joint initiative of Kiva and Credo. This loan program will provide startup and re-startup credit with “soft conditions” to the county rural poor. People in this group do not have access to credit and are regarded as high-risk borrowers because of their low income.

With credit to buy a milk cow, Nato will make dairy products, which will be sold locally at the markets. She will reinvest the profit in the same business and increase her livestock. This new business initiative, financed with a Kiva startup loan, will significantly improve the family’s living conditions and enable Nato to provide her children with an education.

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
  • 54
    View loans »
    Georgia Loans Fundraising
  • $8,096,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Nato to purchase a milk cow.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Feb 25, 2013
Mar 3, 2013
Currency Exchange Loss:
Sep 17, 2013