A loan of $5,000 helped to purchase cows and pigs for an animal husbandry business.

Pridon's story

Pridon is 50 years old, married, and lives with his wife and student son in the Lagodekhi district. Pridon is educated but is involved in agriculture and cultivates land where maize is grown. Pridon’s wife works as an accountant and gets a monthly salary. The couple works hard to provide their son with a good quality of education for progressing in life.

Pridon is requesting a loan from Credo to start an animal husbandry business and generate more income. He will use his loan to purchase pigs and cows. He will put the livestock in a shed in the yard and raise and sell them for a higher price.

Pridon's loan request was approved within the framework of a new joint initiative between Kiva and Credo for the vulnerable poor who do not have access to credit, as they are regarded as “high-risk borrowers” due to their low income.

Pridon's new business initiative, financed with his Kiva start-up loan, will increase the family income, and he will be able to improve their living conditions as well as pay his son’s tuition.

Loan details

Lenders and lending teams

Loan details