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George is from the village of Minadze, South Georgia. He is 59 years old, married and lives with his wife Mariam. Production of dairy products is the main source of the income for the family. George has milk cows. In addition, he purchases milk from neighbor farmers and uses it for cheese production. George sells harvested products on the local open market. The total average monthly income of the family is 640 Laris.

George requested a loan to start a new business initiative. He will purchase calves and feed them during the winter months. In late spring, George will sell grown calves and get additional income. The family will be able to purchase needed household goods and spend more on their daily needs in order to 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
  • 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 $1,200 helped George to purchase calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 13, 2012
Feb 5, 2012
Currency Exchange Loss:
Feb 15, 2013