Check out some available loans that are similar to this one!
Ramaz is 39 years old and lives in the village of Chao with his wife and two school-age children. He leads the family agricultural business and breeds two cows. He takes good care of his livestock and sells the received milk locally. As well, Ramaz grows potatoes, maize and walnut trees on his own plot of land.

Their existing income is not enough for a family of four. With this start-up loan, Ramaz will purchase a truck and start his own transportation business. He will carry and transport a variety of goods, depending on the needs and requests of his customers. As he has the appropriate experience in this field, Ramaz hopes his project will be be successful and lucrative. Ramaz would like to thank all Kiva lenders.

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
  • 50
    View loans »
    Georgia Loans Fundraising
  • $8,643,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Ramaz to purchase a truck to start a transportation business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 11, 2013
Nov 6, 2013
Currency Exchange Loss:
May 17, 2016