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Konstantine is a 24-year-old young man who lives in the village of Nagazao, Martvili district. He lives with his parents and grandmother, who gets monthly assistance from the local government.

To take care of his family's needs, Konstantine is extensively engaged in cattle and milk cow breeding, and in the cultivation of maize, nuts, greens and cucumbers. He has three glass greenhouses where he seasonally grows greens and cucumbers. Konstantine gets income from selling the agricultural products in the local market, which is the main source of the family's income. His parents help him greatly in his everyday activities related to farming.

To continue running his agribusiness in a sustainable way, Konstantine needs a loan of 1,600 GEL to purchase cattle at the local market and sell it as meat at nearby cities.

He is a hard-working and motivated person, with a great desire to achieve financial stability and save money for his further development.

Konstantine and his family members rely on the goodwill of the lenders, and will be thankful to them for their support in collecting the needed loan to sustain his agribusiness.

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
  • 1.8
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Konstantine to purchase cattle and start selling the meat.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Jan 13, 2014
Jan 23, 2014
Currency Exchange Loss:
Jun 17, 2015