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Koba
Koba is 29 years old. He lives in Adjara, in the village of Kveda Tsinsvla. Koba and his wife Mziuri run an agricultural farm in the village. They have a one-hectare plot of agricultural land where various fruits and vegetables are grown. After the harvest season, the fruits and vegetables are sold to the retailers. Along with the above-mentioned business, Koba is a craftsman of gas counters. When he has orders from the villagers, he repairs gas counters and gets additional income.

With the requested loan, Koba and Mziuri will purchase a milk cow. They plan to produce Georgian cheese and sell it on the market. It will increase the income of the family. In the future, the couple plans to renovate their house, as it is already old and needs some remodeling. They hope that the cheese production will allow them to save for the renovation.

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
  • 49
    View loans »
    Georgia Loans Fundraising
  • $7,020,400
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Koba to purchase a milk cow.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2011
Listed
May 14, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012