A loan of $1,825 helped to build a greenhouse.

Dato's story

Dato is 49 years old and a married man, from a small village of Samtredia district. He lives with his wife, Nino, their son, an infant grandson and his mother. Dato's mother is provided with a retirement pension, and his son works as an artisan at the local brick workshop, earning 200 Gel in a month. Dato is very actively involved in agricultural activities. In particular, he has two milking cows, a calf and a pig. Besides the animals, they have 300 nut trees. Dato is a very hardworking man and does his best to insure a good harvest. The harvested nuts are sold at local markets.

Because the existing income is seasonal and is not enough for the family, Dato decided to start a new business. All the financial institutions rejected his loan requests, because of his unstable financial condition and lack of experience. After several unsuccessful attempts, Dato applied for the credit to MFO Credo. His request was approved as part of the Start Up program, which is a joint initiative of Credo and Kiva designed to enable the rural poor to start or restart businesses. With a loan of 3,000 GEL, Dato will build a greenhouse. After the greenhouse has been built, he will be able to grow tomatoes, cucumbers and greens. This will increase the income of their family. With increased income, they will be able to improve their living conditions.

Loan details

Lenders and lending teams

Loan details