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Mirza is 34 years old. He lives in the Terjola District with his spouse and mother. Mirza’s mother is running small scale fruit trading business and earns a small monthly income. Mirza is involved in the agricultural business. Specifically, he has a milk cow. He produces cheese from the milk and sells it locally. In addition, the family owns a pig and sells piglets seasonally. Mirza also grows maize on a plot of land and takes care the vineyard. The harvested products are also for selling.

He is very hardworking and the type of person who puts family first. With this loan, Mirza will purchase all the building materials for a greenhouse. After the greenhouse is built properly, Mirza will grow greens and various vegetables. The harvested products will be sold for a good price. The new business initiative, financed with the Kiva start-up loan, will significantly increase the family income and all members will have their living conditions improved.

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
  • 32
    View loans »
    Georgia Loans Fundraising
  • $7,796,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Mirza to construct a greenhouse.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Jul 30, 2013
Sep 2, 2013
Currency Exchange Loss:
Oct 2, 2013