A loan of $675 helped to begin selling vegetables.

Liana's story

Liana is 42 years old and a married woman from a small village of Chokhatauri district. She lives with her husband Emzar and daughter Rusudan. She is actively involved in agricultural activities with her family members. They have a milk cow, 3 pigs, 3 horses, 2 goats and 4 bee-hives with bee-colonies. Besides that, the family owns a plot of agricultural land, where maize, potatoes and nut trees are grown. They sell the harvested products locally at a good price.

Liana requested 1100 GEL from Credo to start-up another family business. Liana 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 the received credit Liana will begin to sell vegetables, such as: potatoes, wheat and so on. Emzar will help her to transport and sell the vegetables in different villages. This will be an additional source of income for their family. The new business initiative, financed with the Kiva Start-up loan, will significantly improve the living conditions of the family.

Loan details

Lenders and lending teams

Loan details