A loan of $1,600 helped to purchase materials for greenhouse construction.


Lali's story

Lali, age 57, is a music teacher. She lives in a village in the Tskaltubo district with her 24-year-old son Iason. Lali earns a monthly salary of 200 Laris per month. Iason keeps busy running the family's small-scale dairy farm. They have two milk cows and produce cheese to sell at market. Iason sells an average of 35 kilograms of cheese at the local open market per month.

Lali has requested credit for the purpose of building a greenhouse. The new business will be an additional source of the income for the family, which will allow them to combat the poverty in which they live. Lali’s loan request was approved within the framework of a new joint initiative between Kiva and Credo. This start-up loan program offers business start-up capital and re-startup credit with generous lending conditions to country rural poor, who often do not have access to credit as they are regarded as “high risk borrowers” because of their low income.

With the received credit, Lali will purchase materials for greenhouse construction (iron pillars and polyethylene covering) and will then construct the greenhouse, where vegetables and greens will be grown throughout the year.

Lali and Iason will work in the greenhouse themselves. They will sell their harvested produce at the local open market. The income of the family will significantly increase and they will be able to improve their living conditions.



Loan details


Lenders and lending teams



Loan details