A loan of $4,225 helped to build a greenhouse.

Tornike's story

Tornike is 23 years old. He lives with his parents and brother in the small village of Baghdati district. His mother works at a local kindergarten and gets a small, monthly income.

The family is involved in agricultural activities. In particular, they have two milking cows and they produce dairy products to sell. In addition, they have a vineyard and they produce and sell wine.

In the region, there is a high unemployment rate, but self-employment helps inhabitants to make a living. So, Tornike decided to start his own business with a loan, but the local credit providers usually demand experience and some stable income from the borrowers. His credit requests were rejected several times since he was unable to satisfy their requirements.

Tornike received a credit in the framework of a joint initiative between Kiva and Credo. The start-up program gives rural poor people the chance to start or re-start their businesses.

With the loan of GEL 7,000, Tornike will build a greenhouse and grow cucumbers and tomatoes there. He will purchase the seeds and all the building materials to build a greenhouse. 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

Lenders and lending teams

Loan details