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Natia is a 28-year-old married woman. She lives in the small village of Samtredia district with her husband and two infant children. She graduated from teaching college and works as a teacher at the local public school. Unfortunately, a teacher’s salary is not enough to make ends meet for a family.

In the region there is a high unemployment rate, but self-employment helps residents to make a living. The family is involved in the husbandry business. They have three cows and produce dairy products to sell. Additionally, they have a plot of agricultural land where watermelon is grown. They sell the harvested watermelon seasonally.

With the loan of $2,500 USD, Natia will build a mill and will get orders to grind corn. Natia hopes that the business will be successful, as there are many families who grow corn in their village. It is obvious that the job will be hard, as she has no experience in this field. However, she and her husband are ready to deal with the difficulties and develop her business gradually.

Natia decided to start this family business with a loan, but the local credit providers usually demand experience and some stable income from the borrowers. Her credit requests were rejected several times because she was unable to satisfy their requirements. She received the credit through a joint initiative between Kiva and Credo. The start-up loan program gives rural poor people the chance to start or re-start businesses. The start-up credit will be a great support for the family, as their income will be significantly increased with help from Kiva lenders.

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 $2,500 helped Natia to build a mill.
100% repaid
Repayment Term
31 months (Additional Information)
Repayment Schedule
Aug 30, 2013
Sep 15, 2013
Currency Exchange Loss:
Jun 17, 2015