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Giorgi
Giorgi, from the village of Kveda Simoneti, Terjola district, is a musician who sings in a local restaurant during the evening hours. He lives with his adult children: a 21-year-old daughter and a 20-year-old son and daughter-in-law.



Along with his main job, Giorgi is also actively involved in the family farming business which includes four milk cows and two calves. Giorgi sells approximately 800 liters of milk in the nearby town of Kutaisi.The family also has a six-hectare plot of the land upon which maize is grown. Harvested corn is used on the dairy farm to feed the livestock.



Giorgi is requesting a loan for the construction of a cattle shed, as the old one is too small for the existing livestock and won't accommodate any increase in the family's number of cows or calves. In the future, Giorgi plans to expand the farming activities by purchasing additional milk cows.

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
  • 55
    View loans »
    Georgia Loans Fundraising
  • $6,854,250
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Giorgi to purchase materials for cattle-shed construction.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2011
Listed
Jul 13, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012