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Zaira and her husband live in village Gomi, Samtredia District, West Georgia. She is 53 years old and heads the family agricultural business. Zaira’s husband Geno works as a trailer driver. He is also involved in the family business.

Zaira and Geno have three milk cows and 2 calves. Zaira produces cheese and sells it on the local open market, approximately 60 kg of it per month. Also they have 200 hens and sell 400 eggs per month. Along with the above-mentioned, the family sells flour. The monthly turnover in their business is 7500 Laris. There is potential (demand on the market) for increasing the business, but Zaira lacks space for stockpiling the flour, as she keeps it in a separate room of her house, which can’t hold more of the product.

With one-third of the requested credit, Zaira will purchase an additional milk cow and will be able to produce and sell more cheese and two-thirds of the borrowed amount will be used for construction of a flour storehouse, which will allow Zaira to increase sales made by her business.

Zaira and Geno plan to reinvest part of their profit in their business and the other part will be used for improving their living conditions.

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

  • $6,100
    Average annual income
  • 41
    View loans »
    Georgia Loans Fundraising
  • $7,904,125
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Zaira to purchase a milk cow and materials for storehouse construction.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 9, 2011
Jun 17, 2011
Currency Exchange Loss:
Jul 15, 2012