Total loan: $1,050


Sairkhe, Imereti, Georgia / Agriculture

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A loan helped to start an agribusiness by purchasing calves.

Maka's story

Maka is a 22-year-old young woman from the village of Sairkhe. She lives with her parents, brother and sister-in-law. The family belongs to the subsistence poor category, as they have no source of significant income to even cover their basic needs. For the above-mentioned situation, Maka's father gets social assistance from the local government. Maka is divorced and does everything for her family's welfare. She has a high education, but in spite of this she has been unable to find a stable job. So she started working as a sales lady at the local store. She generates 200 GEL per month and uses it to increase her family's living conditions. Maka has a great desire to begin an activity that will help her family reach a normal standard of living and become financially stable. She requested a loan from local financial institutions and was at last approved. The joint initiative between Kiva and Credo gives a chance for poor people to start or re-start businesses. Maka has requested a Credo loan for the start-up of an agricultural business. She will place the purchased calves in a cattle shed located in the family yard. She will raise them and, after 12 months, start milking them. Maka will do cheese production and sell it at the open market of the nearby town. As a result of the new business initiative, implemented with the assistance of Kiva, the income of the family will increase by 200%. Maka and her family will be able to create better living conditions.