A loan of $1,225 helped to purchase a milking cow and start a dairy business.


Datuna's story

Datuna is 41 years old. He lives in the Khashuri District with his mother, wife and an infant child. Datuna’s mother is retired and gets a monthly pension. Datuna runs a small scale agricultural business and grows grapes, maize and beans on his own plot of land. The harvest is sold at the local open market. In addition, Datuna is a builder and works on orders from time to time. However, his income is not enough for the family and they live in poverty. They receive a small social assistance benefit from the government.

Datuna has requested a loan to start a dairy farm. His 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 milking cow. Datuna will house the cow in the cattle shed located in his 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 to 50 percent 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