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Ramil is from the village of Akaurta. He is 26 years old, married, and lives with his parents, brother, sister-in-law and two nephews. The family runs an agricultural business and breeds ten milk cows and fifteen calves. The women from the family make cheese with the milk and sell locally. Ramil also grows wheat on the family-owned piece of land and sells the harvest seasonally. Moreover, he has a truck and works on transportation in his village. He serves the villages on special orders and gets service fee.

Ramil plans to begin trading food products to increase family income but he needs a van in order to make deliveries. With the loan, Ramil will pay for the van and start buying citrus as it is now harvest season and the prices are low. He will transport fruits from west Georgia and sell with the price mark-up in his district. He will also sell various vegetables seasonally and work hard to develop his business. Ramil is a very hardworking man with a great desire to ensure that his family members have good living conditions. He will earn a good income in order to satisfy the daily needs of 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
  • 38
    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 $3,500 helped Ramil to purchase a van to use for making product deliveries.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Oct 31, 2013
Nov 24, 2013
Currency Exchange Loss:
May 17, 2015