A loan of $625 helped to build a greenhouse.


Aleksandre's story

Aleksandre is a 48-year-old married man. He lives with his wife and son in the small village of Tskaltubo district. His wife is a housekeeper. The family is involved in agricultural activities. In particular, they have two milking cows and produce dairy products for selling. Besides this, they have a small plot of agricultural land, where different kinds of fruits and vegetables are grown. In the region there is a high unemployment rate, but self-employment helps inhabitants to make a living. So, he decided to start his own business with the loan but the local credit providers usually demand experience and some stable income from the borrowers. His credit requests were rejected several times, as he was unable to satisfy their requirements. Aleksandre received the credit in the framework of joint initiative of Kiva and Credo--a startup program that gives rural poor people the chance to start or restart businesses. With the loan of 1,000 GEL, he will build a greenhouse and grow cucumbers and tomatoes there. He will sell the harvested products locally at a good price. This will increase the income of his family. With increased income they will be able to improve the living conditions of their family.



Loan details


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Loan details