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Paata is a very hardworking and responsible person. He is 31 years old and lives in village Gavazi, Kvareli region. His family consists of his mother, wife, and 2 children.

Sadly, for lack of economic resources and because he had to start working at a very young age, Paata was unable to study a professional career. He works hard on family-owned agricultural land, growing maize, strawberries, and nut trees. He always has high quality products which are sold to local retailers for a good price, but the income from this activity isn't enough to meet the basic needs of his family.

To continue running his agribusiness in a sustainable way, Paata needs 1,000 GEL to start trading with citrus, purchasing it and then continuing seasonally with other products. He received the credit in the framework of the joint initiative of Kiva and Credo, a so-called Startup Program that gives rural poor people the chance to start or re-start businesses. Paata also has a truck and nowadays serves local people. After starting citrus trading he will move the products with his car and sell them to the local market.

Paata and his family rely on the good will of the lenders and will be thankful to them for their support in collecting the needed loan to sustain his agribusiness.

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
  • 56
    View loans »
    Georgia Loans Fundraising
  • $8,096,850
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Paata to start a trading business with citrus and other seasonal products.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Nov 30, 2013
Dec 24, 2013
Currency Exchange Loss:
Sep 19, 2014