Check out some available loans that are similar to this one!
Makhgula is a 62-year-old married woman from the village of Talaveri. She lives with her husband, and both are involved in agricultural activities. Makhgula is extensively engaged in cultivating potatoes and beans. Her husband sells the agricultural products in the local market. This is the main source of the family’s income.

Her agricultural business needs some investments to continue developing in a sustainable way. A loan of USD 5,000 will be a huge support to this hardworking woman and her husband, enabling her to purchase a milk cow and cattle. After the cattle grow, Makhgula will sell them at a good price. She will also increase her daily income with the help of the milk cow.

She has now been approved for a loan within the framework of a joint initiative between Kiva and Credo. The start-up program provides loans to people who want to start or re-start businesses. Makhgula will be thankful to all the lenders for helping maintain her 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
  • 37
    View loans »
    Georgia Loans Fundraising
  • $7,908,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $5,000 helped Makhgula to purchase a milk cow and cattle.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Dec 31, 2013
Jan 20, 2014
Currency Exchange Loss:
Sep 22, 2014