A loan of $2,500 helped to purchase materials to build a greenhouse.


Badri's story

Badri is fifty years old. He lives in a small village of Tskaltubo District, West Georgia. Badri lives with his twenty-two-year-old daughter and two grandsons (five and three years old). He is the only income provider of the family. Badri grows greens on a family-owned plot of land; he sells harvested greens in Kutaisi (nearby town). Total average monthly income of the family is 350 Laris. According to Credo calculations the family belongs to the subsistence poor category.

Badri requested credit for the start-up of a new type of agricultural business. His loan request was approved in the framework of a new joint initiative of Kiva and Credo. The start-up loan program envisages provision of business start-up and re-start-up credits with soft conditions to country rural poor, who do not have access to credit products, being regarded as “high risk borrowers” because of their low income.

With the received credit Badri will purchase wooden materials, a polyethylene cover and will build the greenhouse. A small part of the credit will also be used to purchase cucumber and tomato seeds. Badri will grow cucumbers and tomatoes throughout the whole year in the greenhouse and will sell harvested products on Kutaisi market. The income of the family will significantly increase and Badri will be able to create better living conditions for his daughter and grandsons. Along with the above-mentioned, in the future the family will have enough income to access regular credit products available on country’s capital market, in case of need.



Loan details


Lenders and lending teams



Loan details