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Teimuraz is from the village Bashi in the Imereti Region of Georgia. He is 58 years old and lives with his wife, Mzia. Teimuraz works as a cleaner in the Imereti Airport. He earns 116 Laris (approximately 70 USD) per month.

Along with his main job, Teimuraz also runs a family agricultural business. The family owns eight milk cows and sells on average 140 kg of cheese per month. Also, the family has a pig and sells on average 12 piglets per year. Mzia and Teimuraz also have a greenhouse. They grow greens, tomatoes and vegetables there. In the winter months, the greenhouse is used for growing greens, and during the spring and summer months, cucumbers and tomatoes are grown. During the year the family harvests and sells on average 600 kg of greens and 1,300 kg of vegetables.

With the requested loan, Teimuraz plans to purchase materials to construct a second greenhouse. It will be used for the same purpose and will significantly increase the family's income. Teimuraz and Mzia plan to use the extra income to renovate the house, especially the bathroom, as it is in bad condition. After the renovation is complete, the family will enjoy well-deserved, improved 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
  • 40
    View loans »
    Georgia Loans Fundraising
  • $8,091,775
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Teimuraz to purchase materials to construct a second greenhouse.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 12, 2011
Nov 4, 2011
Currency Exchange Loss:
Jul 15, 2012