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Givi
Givi comes from the village of Ghvankiti, Imereti Region, West Georgia. He is 58 years old and lives with his wife, Olga. Givi has a mini-bus and provides transportation services to people living in the Imereti Region. Olga is leading the agricultural business of the family. They have two sheep and sell lambs in the season. Also, the family owns one pig and sells piglets. Domestic animals are sold in Zestaponi, a nearby town.

Givi requests credit for purchasing a cow. He and Olga will produce cheese and sell it in the Zestaponi market. It will increase the income of the family, which amounts currently to 650 Laris per month.

Givi and Olga plan to use the increase in income as a result of the purchase of the cow for further expansion of their agro-business.

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
  • 53
    View loans »
    Georgia Loans Fundraising
  • $7,088,700
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Givi to purchase a milk cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2011
Listed
Jul 23, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012