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Zaur
Zaur is a 51-year-old farmer from the village of Ganakhleba, East Georgia. He lives with his family: wife Nargiza and 25-year-old daughter. The family earns a living through agriculture. They have 7 milk cows and 10 calves. Zaur and Nargiza produce cheese and sell it to local retailers. They also sell calves in the village. The family's average monthly income is 1,200 GEL.

Zaur requested credit for purchasing calves. He will grow them at his farm for five months and sell them in late summer for a higher price. The family will earn additional income, which will be used for purchasing household goods and improving the 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
  • 89
    View loans »
    Georgia Loans Fundraising
  • $7,568,975
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Zaur to purchase calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2012
Listed
Mar 22, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012