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Zura is a 21-year-old married man. He lives with his wife and mother in a small village of the Sachkhere district.

Zura runs an agricultural business. He has a greenhouse and grows cucumbers and tomatoes to sell at local restaurants. He has run this business for nine years.

Zura needs to purchase polyethylene for his greenhouse to renovate and also expand. He requested a loan of 1,500 Gel and the Start Up program, which is a joint initiative with Kiva and Credo, gave him a chance to get this loan. As the greenhouse is expanded and covered with a new polyethylene, he will be able to grow more tomatoes and cucumbers to sell. This will increase his income and Zura will provide better living conditions for his family.

Additional Information

More information about this loan

This loan is part of Credo's startup loan program targeting particularly vulnerable clients who live at the subsistence level and have been unable to obtain credit due to lack of income from an existing business. This program offers them a longer repayment term and an annual interest rate that is 5% lower than the standard interest rate. By funding this loan, you are supporting a program that gives borrowers a second chance to start and grow small businesses. This has the potential to alleviate the effects of poverty, significantly improving borrowers' incomes and their families' quality of life. Learn more about Credo's startup loan program on the Kiva Blog.

About LLC Micro Finance Organization Credo

LLC Credo (Credo) is a microfinance organization in Georgia that provides sustainable credit services to alleviate poverty in rural areas, including business loans, agriculture loans, household loans, crop insurance and more. Kiva lenders’ funds are used to help the organization expand its outreach to even more entrepreneurs, farmers and households in remote areas.

About Georgia

  • $6,100
    Average annual income
  • 42
    View loans »
    Georgia Loans Fundraising
  • $8,567,900
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Zura to purchase a polyethylene for his greenhouse.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 22, 2013
Sep 24, 2013
Currency Exchange Loss:
May 24, 2014