Check out some available loans that are similar to this one!
Ira, age 40, is a married woman from the town of Kutaisi. She lives with her husband and a grown daughter and son. Ira earns her living through a clothing trading business which was started with a Kiva loan. Ira and her daughter sell the items from their house and have loyal clients from her community. In addition, the family gets social assistance from the local government as they live in poverty.

In order to improve her income, Ira is requesting this loan for purchasing a milk cow. She will start dairy farming and make cheese, yogurt and various products for selling as well as for family consumption. This initiative will increase her income and Ira will be able to improve her standard of living in the future.

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
  • 39
    View loans »
    Georgia Loans Fundraising
  • $8,572,225
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Ira to purchase a cow and start dairy farming.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Oct 22, 2013
Nov 21, 2013
Currency Exchange Loss:
Apr 17, 2015