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Elza is 45 years old. She lives in the village of Sairkhe in the Imereti Region of West Georgia. She is married and lives with her children: two sons (24 and 21 years old) and a daughter, 22 years old. Elza's sons are construction workers. They work on construction in their and nearby villages. Elza's daughter is a pharmacist. She works in a village pharmacy.

Elza leads the agricultural business of the family. They own a milk cow and sell dairy products in Zestaponi (a nearby town). Also the family has a small poultry farm. They sell eggs at the same market. Along with the above, Elza sells grapes, harvested from 200 family-owned vines. The total average monthly income of the family is 400 Laris (approximately $240).

Elza requested a loan to purchase a milk cow. She will increase her sales of dairy products and thus raise the income of the family. The family members will be able to purchase needed household goods and improve 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
  • 37
    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 $625 helped Elza to purchase a milk cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 12, 2011
Oct 21, 2011
Currency Exchange Loss:
Oct 15, 2012