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Tariel is 45 years old, married, and lives in the village of Darkveti with his wife and daughter.

Tariel is a metal craftsman and he works at the local mine. He earns a small, monthly salary. In addition, Tariel leads the family agricultural business. Specifically, he owns cows, one pig, and he cultivates a plot of land where various kinds of vegetables are grown. He works hard, but the earnings are not enough to satisfy the daily needs of the family. That’s why Tariel applied for the credit for restarting the coffee business which was stopped due to the financial problems.

His loan request was approved through a new joint initiative between Kiva and Credo. The program provides start-up and re-startup credits with soft conditions to the country's rural poor. These people do not have access to traditional credit products, being regarded as 'high risk borrowers' because of low income.

Tariel requested a loan to purchase a coffee grinder. His wife will sell coffee and offer grinding services to local people. The couple plans to increase the turnover in the trade business gradually. This will raise the income of the family, which Tariel will use to improve the family’s living conditions. He 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
  • 39
    View loans »
    Georgia Loans Fundraising
  • $8,073,000
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Tariel to purchase a coffee grinder machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 7, 2013
Sep 11, 2013
Currency Exchange Loss:
Dec 20, 2013