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Nazi is a 59-year-old hardworking woman, from the village of Saprasia. She lives with her daughter, who gets social assistance from the local government, as the family lives under the poverty level.

Nazi works on family-owned agricultural land, where she grows nuts and sells them locally during the season. She always has high quality products, but the income is insignificant, and Nazi can't satisfy her family's even basic needs. She has a great desire to expand her activity and start dairy farming.

That's why she requested a loan, and was approved for 1,500 GEL. Nazi plans to purchase a milk cow, and produce yogurt and cheese and sell it locally. This activity will help her cover daily expenses and live in better conditions.

Nazi awaits your support, and will be thankful to all the lenders for helping her maintain her farming business.

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
  • $7,812,050
    Funds lent in using Kiva
  • 1.8
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Nazi to purchase a milk cow.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 23, 2014
Jun 20, 2014
Currency Exchange Loss:
Jan 22, 2015