A loan of $1,500 helped to start a dairy farm.


Tamuna's story

Tamuna is 21 years old. She lives in the Gardabani District with her husband and two infant children. Her husband works at a private company and gets a small salary. The family owns several hens and sells eggs from time to time. They live in poverty because the income is not enough for their four-member family.

Tamuna requested a loan to start a dairy farm. Her loan request was approved as part of a new joint initiative between Kiva and Credo. The start-up loan program provides loans with reasonable terms to start-up businesses. These loans are provided to the country's vulnerable poor, who do not have access to credit products because they are regarded as “high risk borrowers” due to their low incomes. The loan will be used for purchasing a milk cow. She will place the cow in the cattle shed located in her yard and will start selling the milk at the local market. The family's income will increase by 150–200 GEL (Georgian Lari), which is a 40–50% increase. The family's living conditions will significantly improve and 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