A loan of $3,100 helped to purchase a cow.


Zurab's story

Zurab is 24 years old. He lives with his parents and brother in the small village of Zestaponi district. The family is involved in a husbandry business. In particular, they have nine pigs and sell piglets seasonally at a good price. In addition, they have a plot of agricultural land, where they grow different kinds of vegetables. They always have high quality products, which they sell to local retailers for good prices. As the family has only seasonal income, Zurab decided to start dairy farming. He sought credit from local financial institutions, but his attempts were unsuccessful because of his poor living conditions. The start-up program, which is a joint initiative between Kiva and Credo, enables the rural poor and inexperienced people to get a loan to start or re-start a business. His application was approved under the framework of this program to get a loan of $3,100. With the credit he received, he will purchase a cow. After the cow is purchased, the family will start producing dairy products including cheese and yogurt to sell. They will also use the milk products to feed the family.
The new business initiative will give them a chance to have financial stability and earn a better monthly income.



Loan details


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Loan details