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Izolda, 52, is from the village of Sartichala in East Georgia. She is married and lives with her husband, Zurab, and their 25 year old son. Zurab works as a baker in the local bakery. Izolda has two cows and she produces approximately 40 kg of cheese per month, which she sells locally to dairy retailers. The family's total average monthly income is 500 Laris.

Izolda has requested a loan for the expansion of her cattle shed. She plans to purchase two additional milk cows in the near future but her existing cattle shed doesn’t allow her to keep more cows. After the expansion of the shed, she will increase the number of cows and double her production and sales of cheese. This will increase her income and improve the family's 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
  • 37
    View loans »
    Georgia Loans Fundraising
  • $7,812,050
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Izolda to purchase construction materials for a cattle shed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 6, 2011
Sep 17, 2011
Currency Exchange Loss:
Oct 15, 2012