Zugdidi, Georgia Agriculture | Poultry
Goneli decided to start a poultry business along these activities and requested a loan. The Start Up program, which is a joint initiative with Kiva and Credo enables him to get a loan of 3000 GEL. With the received credit he will purchase chicks will raise them and will resell at a good price to generate profit.
Goneli awaits your support to start up poultry business.
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.