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Ana, age 26, is from the village of Abedati. She is divorced and has two children. Ana lives with her parents, retired grandmother, brother, uncle and aunt. The family runs an agricultural business to earn a living, growing maize, nuts and persimmons on their own plot of land. Anna dries the persimmons and sells the fruit at the local open market. She also breeds two milk cows and one calf. The women of the family make cheese to sell and for family consumption.

In order to meet increasing household expenses and to generate income for this large family's well being, Ana is requesting a loan. She will buy stocks of merchandise at wholesale prices to start a sales business. She will offer her clients a wide assortment of winter clothing, linens and various household items and give them the option of paying later for their purchases. The loan will enable Ana to earn more profit and to save more money to satisfy the family's everyday needs. She awaits 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
  • 41
    View loans »
    Georgia Loans Fundraising
  • $7,802,825
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,175 helped Ana to buy stocks of clothing and household items for resale.
69% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 10, 2013
Dec 26, 2013
Currency Exchange Loss: