A loan of $1,000 helped to start up a greenhouse business.


Tamaz's story

Tamaz is 35 years old. He is single and lives in a small village of Zeda Sakara with his parents who are provided with retirement pensions. Also, Tamaz’s mother gets a refugee pension from the local government. The family is involved in the agricultural business. They have a plot of land where maize is grown. In addition, the family members run a small dairy farm with a milk cow whose milk is used in cheese products. Tamaz sells the cheese and harvested products locally. In addition, he has a pig and sells piglets seasonally. Tamaz has requested credit for the construction of greenhouses. His loan request was approved in the frame of new joint initiative between Kiva and Credo. The start-up loan program envisages the provision of business start-up and re-start-up credits with soft conditions to the 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 Tamaz will purchase materials to construct greenhouse on the family-owned land (iron pillars and polyethylene). He will grow different kinds of vegetables throughout the whole year. They will sell the harvested products on the local open market. The income of the family will significantly increase. They will be able to combat their poverty and in the future the family will have enough income to access regular credit products available on the country’s capital market, in case of need.



Loan details


Lenders and lending teams



Loan details