A loan of $1,300 helped to construct a greenhouse.


Koba's story

Koba, age 33, is an artisan. He lives in a village in the Tskaltubo district with his mother and two children. Koba’s wife lives and works abroad to help her family financially. Koba keeps busy running the family's small-scale agricultural business. He sows maize on the family-owned land and sells an average of 600 kg per year. Also, he runs a poultry farm with 40 hens and turkeys and sells them seasonally. Koba has requested credit for the purpose of building a greenhouse. The new business will be an additional source of income for the family, which will allow them to combat the poverty in which they live. Koba’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, Koba will purchase materials for the greenhouse construction (iron pillars and polyethylene covering) and will then construct the greenhouse, where tomatoes, cucumbers and greens will be grown throughout the year. Koba will work in the greenhouse himself. He will sell the harvested products 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