Check out some available loans that are similar to this one!
Zaza is 33 years old. He is married and lives in the village of Dzulukhi with his wife, infant daughter, and mother. Zaza’s economic activity is his agricultural business. Specifically, he breeds two milk cows, two oxen, and grows nuts in his garden. During grazing season when his cows milk well, the family makes cheese for selling.

In order to generate stable monthly income and meet his increasing family expenses, Zaza plans to open a general store in his district. With the loan, Zaza will rent the store, install shelves, and purchase merchandise. He will buy a variety of household and daily consumer products and sell them from his store. Zaza hopes his project will be profitable and generate income for improving the family's standard of living in the future.

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
  • 35
    View loans »
    Georgia Loans Fundraising
  • $7,912,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $2,000 helped Zaza to open a general store.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Oct 29, 2013
Nov 27, 2013
Currency Exchange Loss:
Jan 26, 2014