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Tamaz
Tamaz P. lives in the village of Mukhrani in Kartli Region. He is married and lives with his wife, children and parents. Tamaz’s wife works as teacher in a kindergarten. Tamaz has three children: 7- and 5-year-old sons and a 4-year-old daughter.

Tamaz is a joiner and likes his trade. He often gets orders to design different types of furniture. Along with this, he is also heading the small farm in the family. They have two milk cows and two pigs. They sell dairy products in Tbilisi (capital city of the country). Also the family produces and sells different types of pickled vegetables (marinades). With the requested credit Tamaz will expand the dairy farm. With the first half of the credit, Tamaz will purchase additional milk cows to get more milk and sell more dairy products. The second half will be used to pay for vegetables, to be pickled and sold. The increase in their income will be used for expansion of the pig-farm.

Additional Information

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

  • $4,600
    Average annual income
  • 81
    View loans »
    Georgia Loans Fundraising
  • $7,202,025
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Tamaz for purchase additional milk cows and paying for vegetables to pickle for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2011
Listed
Apr 18, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011