A loan of $3,000 helped to build a greenhouse.


Zeinab's story

Zeinab is 38 years old. She lives in Banoja village, Tskaltubo district, with her husband Niko and two children who are going to school. Zeinab requested a loan from local financial institutions several times for family business start-up, but without any success. Her loan request was rejected all the time because of low income and the family’s poor living conditions.

Her family has a mini-bus. Zeinab’s husband, Niko, is driving it on a bus line and earns a monthly income, which is the only source for the family.

Zeinab requested a loan from Credo to start up a family business. Zeinab has now been approved for a loan within the framework of the new joint initiative of Kiva and Credo. The start-up loan program envisages provision of business start-up and re-startup credits with soft conditions to rural poor people who do not have access to credit products. These rural poor people are regarded as “high risk borrowers” because of their low income.

With her credit, Zeinab will build a greenhouse. She will purchase all the needed materials for building it and also tomato and green seeds. After growing the products, Zeinab will have a good harvest. Harvested products will be sold locally at the markets and she will earn an additional income for her family. Increased income will help her to provide better living conditions for the family and future studying for her children.



Loan details


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Loan details