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Davit is a 38-year-old married man from the small village of Sachkhere district. He lives with his wife, two children and his mother, who is a pensioner. Davit's wife works as a teacher at the local school and earns 330 Gel per month. The family has a cow, whose milk is used in cheese products. They milk the cow every day and produce cheese to sell locally. Davit owns a 1.25-hectare plot of agricultural land where he is going to grow potatoes. The Start Up program, which is a joint initiative with Kiva and Credo enables him to get a loan of USD $4,000 for purchasing calves and potato seeds. As the calves are purchased, Davit will raise them to resell at higher prices and the harvested potatoes will be sold locally. The Start Up program will be a great support for the family. Davit awaits your support.

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
  • 41
    View loans »
    Georgia Loans Fundraising
  • $8,572,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $4,000 helped Davit to purchase calves and potatoes.
Repayment Term
33 months (Additional Information)
Repayment Schedule
Dec 31, 2013
Jan 10, 2014
Currency Exchange Loss:
Feb 9, 2014