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Naili is 39-year-old married woman. She lives with her husband and parents-in-law in a small village of the Sachkhere district. Her family is involved in agricultural activities. In particular, they have a pig, four cows and a plot of agricultural land, where different kinds of vegetables are grown. Naili milks the cows every day and produces cheese to sell as well as for family use.

Naili decided to start her own business. The Start Up program, which is a joint initiative with Kiva and Credo enables her to get a loan of 3,000 GEL for the trading business. With the received credit she will purchase a stock of shoes and then will resell at higher price. The Start Up program will be a great support for the family as they will have a stable income. Naili is a very hard working woman and thinks that the business will be profitable. She 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
  • 28
    View loans »
    Georgia Loans Fundraising
  • $8,567,900
    Funds lent in using Kiva
  • 1.8
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,725 helped Naili to buy shoes to resell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 20, 2014
Apr 18, 2014
Currency Exchange Loss:
May 17, 2015