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Levan
Levan is from the village Sameba, South Georgia. He is 30 years old, married and lives with his family (wife, Nazibrola, 11 year-old son and 8 year-old daughter). The children go to school. The primary source of income for the family is agriculture. They have a dairy farm with 6 milk cows and 5 calves. Levan sells milk to a local milk processing company. Along with the dairy farm, the family owns 0.5 hectare of land, where potatoes are grown. Levan sells potatoes in Tbilisi (capital city of the country). Also, Levan works as a shepherd. During most parts of the day he is in the pasture.

Levan requested credit for the renovation of the cattle-shed, as it is already old and needs some improvement before winter comes. Also, a big part of the loan will be used for purchasing two additional milk cows. The family will get more milk and increase their income, which will be used for proper education of the children and better living conditions for the family.

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
  • 55
    View loans »
    Georgia Loans Fundraising
  • $7,155,125
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Levan to purchase milk cows and materials for a cattle-shed renovation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2011
Listed
Nov 5, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012