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George is from the village Bakurtsikhe, East Georgia. He is married and lives with his family: his wife – Marine, his parents and grandparents. He married couple of months ago. George works as a taxi driver. He provides a taxi service to the local population. His father works as a baker. His grandparents are retired and get monthly pension. The total average monthly income of the family is 1,000 Laris.

George requested credit to purchase a new car to use as a taxi. He will sell his old one and buy a better one. He can provide a higher quality service to his passengers. The number of clients will increase and George will get more income. This will allow the family to spend more on their daily needs 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
  • 44
    View loans »
    Georgia Loans Fundraising
  • $8,094,625
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped George to purchase a car he can use as a taxi.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 12, 2012
Feb 9, 2012
Currency Exchange Loss:
May 15, 2012