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Eliso is 34 years old. She is married and lives with her husband and two children in the small village of Sachkhere district. The family is involved in agricultural activities. In particular, they have 0.5 hectare agricultural land where they grow different kinds of vegetables. In addition, they have 2 cows and produce dairy products to sell. Eliso wants to expand the dairy business and requested a loan for purchasing an additional cow. The Start Up program, which is a joint initiative with Kiva and Credo, enables her to get a loan of 1,500 GEL. As the additional cow is purchased, she will be able to produce more dairy products and increase the income. The Start Up program will be a great help for her family. Eliso awaits your support.

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
  • 42
    View loans »
    Georgia Loans Fundraising
  • $7,896,375
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Eliso to purchase a cow and expand the dairy business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jul 31, 2014
Aug 9, 2014
Currency Exchange Loss:
Jan 22, 2015