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Rezo lives in a small village of Tskaltubo District. He is 65 years old and lives with his family: his wife Galina, his 20-year-old son, and a daughter-in-law.

Rezo leads the agricultural business of the family. In particular, he grows greens, cucumbers, and tomatoes in a family-owned greenhouse with a total area of 360 sq. meters. Along with the abovementioned Rezo grows greens on a family-owned 0.15 hectare plot. He sells the harvest on a local wholesale market. Rezo's son is a worker in the village. The total average monthly income of the family is 900 Laris.

Rezo requested credit for the renovation of his greenhouse. He will purchase wooden materials for replacing existing damaged pillars and a polyethylene cover, as the old one was already torn and couldn't maintain the necessary temperature. The renovated greenhouse will give better a harvest to the family and they will be able to sell it for a higher price. The income of the family will increase and they will be able 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
  • 42
    View loans »
    Georgia Loans Fundraising
  • $7,901,050
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Rezo to purchase wooden materials and polyethylene cover for greenhouse renovation.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 3, 2012
Apr 26, 2012
Currency Exchange Loss:
Oct 15, 2012