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Vilaiat lives in the village of Zemo Sarali, Kartli region, in the eastern part of the country. He is 55 years old, married, and lives with his wife Mushkunaz and their 14-year-old daughter, who goes to school.

Vilaiat works as a construction worker in the village. At the same time, he is involved in the farming activities of the family. They own two milk cows. Mushkunaz produces cheese from the milk and sells on average 30 kg of it per month in the village. Also the family has rented a plot of land, where Vilaiat grows watermelon and maize. He uses maize in the dairy farm for feeding the cows. Watermelon is sold to greengrocer retailers locally. The total average monthly income of the family is 600 Laris.

Vilaiat requested credit for the construction of a cattle shed, as in the future he plans to purchase more cows and the existing cattle-shed doesn't have enough space. Also part of the credit will be used for construction of a greenhouse where vegetables will be grown in the fall and winter months.

New business activities initiated through a Kiva loan will significantly increase the income of the family. They will be able to spend more on 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
  • 39
    View loans »
    Georgia Loans Fundraising
  • $8,073,000
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Vilaiat to purchase materials for cattle-shed and greenhouse construction.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Aug 9, 2011
Sep 8, 2011
Currency Exchange Loss:
Feb 15, 2012