Nino is involved in an agricultural business. She owns a plot of land where she grows maize. In addition, she runs a small dairy farm and has milk cows. She milks them twice a day and produces cheese. She sells her agricultural products at the local open market.
Nino is a very hard-working woman, with a rich experience in her work. She has requested a loan to set up a grain mill. Her mill will serve the local farmers and grind their grain.
Gocha will work as a miller and generate income. The couple awaits your support.
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 CredoLLC 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.
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