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Rezo
Rezo, 54, lives in a small village of Terjola District with his wife, Lola, a 26-year-old son, daughter-in-law, and his mother, who is retired. Rezo is a construction worker who works mainly in his district. Along with his main job, Rezo is actively involved in a family agricultural business. The family has six milk cows and six sheep. Rezo produces cheese which he sells in the village to local dairy product retailers. The family also sells lambs.

Rezo requested a loan to purchase construction materials for a cattle shed. His existing cattle shed is old with a broken roof and can’t keep domestic animals in normal conditions. The new building will be wider for more cows and sheep so in the future Rezo will have ability to expand his farm.

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
  • 52
    View loans »
    Georgia Loans Fundraising
  • $6,847,800
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD
Expired
A loan of $1,850 helped Rezo to purchase construction materials for a cattle shed.
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2012
Listed
May 4, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 3, 2012