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Aza is 50-year-old married woman. She lives in a small village of Kobuleti district with her husband, son, daughter-in-law and an infant granddaughter. The family is involved in agricultural activities. In particular, they have cows and produce cheese products to sell. In addition, they have a plot of land, where they grow nuts and walnut trees.

Aza decided to start her own business and requested a loan. The Start Up program, which is a joint initiative with Kiva and Credo, enables her to get a loan of $4500 to start selling clothing and linens. She will purchase products in Turkey and will sell among her villagers to generate income. The Start Up loan, will be a great support for their 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
  • 37
    View loans »
    Georgia Loans Fundraising
  • $8,314,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $4,500 helped Aza to begin selling clothing.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Oct 21, 2013
Nov 5, 2013
Currency Exchange Loss:
Dec 17, 2014