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Guram is 30 years old, single, and from the village of Ninotsminda. He lives with his parents and retired grandparents. Guram has recently returned from abroad where he lived for years and now is jobless. The only one who earns income in the household is Guram’s father, who sells car spare parts at the capital city open market.

Now, Guram is requesting a loan to purchase chicks to start a poultry farm. He has already started constructing the shed where the hens will be kept. With the received amount, Guram will buy chickens, feed for them, and cages. He will sell eggs and invest the increased profit in the same business to enlarge his farm.

The family will have an additional source of income from the poultry farming, and they will be able to increase their daily spending. Guram hopes for your generosity.

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
  • 37
    View loans »
    Georgia Loans Fundraising
  • $7,796,600
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,400 helped Guram to start a poultry farm.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 24, 2013
Nov 25, 2013
Currency Exchange Loss:
Dec 17, 2014