A loan of $1,400 helped to purchase chickens and restart his poultry farm.

Mevlud's story

Mevludi is 48 years old. He lives in Zestaponi District, West Georgia, with his wife and four children (three of them are under-aged). Mevludi leads his family's small-scale agricultural business. He runs a family-owned dairy farm, with two calves and two milk cows. Mevludi produces cheese and sells it in the village. In addition, he owns four pigs and sells piglets seasonally. The income is not enough to provide Mevludi and his family with adequate living conditions. According to Credo estimations, the family belongs to the "subsistence poor" category.

Mevludi has requested a loan from Credo to restart his seasonal business. His loan request was approved as part of a new joint initiative of Kiva and Credo. The start-up loan program provides credit with fewer conditions to the country's rural poor for business start-ups and restart-ups. This population is often considered "high risk borrowers" because of their low incomes, and they often do not have access to credit. With the loan, Mevludi will purchase chickens to restart a poultry farm. He will place the chickens in a shed located in their yard. He will raise them to sell them for a higher price. He hopes that the new business initiative, financed with the Kiva loan, will significantly improve the living conditions of the family.

Loan details

Lenders and lending teams

Loan details