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Natela is 33 years old. She is married and lives in Telavi District, East Georgia, with her parents-in-law and children.

Natela works as a nurse locally and earns a small monthly income. Her parents-in-law are provided with a retirement pension. The family can be esteemed to belong to the vulnerable poor category. Natela used to have a small poultry farm, but the hens died of fowl plague.

Now she has requested a loan for re-starting the farm. She received the loan in the framework of a start-up loan program, initiated jointly by Credo and Kiva. This program aims at provision of business start-up or business re-start credits to Georgian rural poor who do not have access to regular credit products, as they live in poverty and are regarded as “borrowers with high risk of default”.

With the requested credit, Natela will purchase chickens and raise them. The other part of the loan will be used for purchasing feed for chickens. After 4-5 months, she will start the sale of hens. The hens will be sold on the local open market.

She will reinvest the profit for further expansion of the farm. Also, part of the profit will be used for purchasing necessary household goods, to improve her living conditions, and finance the education of her children. She 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
  • 53
    View loans »
    Georgia Loans Fundraising
  • $8,637,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,900 helped Natela to purchase chickens and chicken feed for starting a poultry farm.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 23, 2012
Oct 29, 2012
Currency Exchange Loss:
Nov 17, 2014