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Amiran is from the village of Ratevani. He is single, and lives with his family: parents and a sister.

He requested a loan from local financial institutions several times for his agricultural business start-up, but without any success. His loan request was rejected every time, because of his low income and the family’s poor living conditions.

Amiran works at local road building, and gets a small monthly salary. In addition, the family grows maize and haricots on their agricultural land, and sells the harvested products at the local open market. In addition, Amiran breeds rabbits and runs small animal husbandry business.

Amiran requested an agricultural loan from Credo to start-up a small-scale agricultural business. His loan request was approved, as a result of the new joint initiative between Kiva and Credo. The start-up loan program envisages the provision of business start-up and re-startup credits with soft conditions to the country's rural poor, who do not have access to loans, as they are regarded as “high risk borrowers” because of low income.

With the received credit, Amiran will cultivate more land, and sow maize and haricot there. Specifically, with the loaned amount, he will rent a tractor for tilling the land, and purchase seeds for sowing. He will work hard on the plot during summer period to get a good harvest in early fall.

Amiran will sell the harvested maize on the local open market. As a result of the Kiva loan, the family will get additional income and will use it for renovating the house, which is old and damaged.

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
  • 50
    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 $1,200 helped Amiran to rent a tractor for tilling, and for the seeds to plant.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Dec 31, 2012
Jan 14, 2013
Currency Exchange Loss:
Feb 17, 2014