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George
George is 46 years old. He lives in the village Kindzati, East Georgia. He is married and lives with his family: his wife Fatman, and two sons who are 23 and 20 years old. George earns a living through agriculture and has a small dairy farm with a milk cow and a calf. The family sells cheese and they own 1.5 hectares of land where they grow haricot, maize, and beets. George's younger son is a car mechanic and works in the village. The family's total average monthly income is 800 GEL.

George is requesting a loan to purchase and raise six calves. Beginning next year his family will be able to sell 600% more cheese which will significantly increase their income. George will use the profit from his loan to improve his 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

  • $4,600
    Average annual income
  • 94
    View loans »
    Georgia Loans Fundraising
  • $7,374,600
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,800 helped George to purchase six calves.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2011
Listed
Jan 16, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013