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Revaz
Revaz is 58 years old. He lives in a small village of the Gardabani district with his wife, Irina, and a sister. Revaz is a worker in the village. Along with the above mentioned he works on a family agricultural farm. The family has a dairy farm with 9 milk cows. Revaz, his sister and Irina produce cheese and sell it on the Gardabani Market. The total average monthly income of the family is 1,000 Laris.

Revaz requested credit for purchasing piglets and feed for them. Revaz will grow piglets and sell grown pigs by early winter for a higher price. The family will get a profit. Revaz will reinvest it in the same business and purchase more piglets. In the long term, the income of the family will increase and they will be able to purchase necessary consumer goods 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

  • $4,600
    Average annual income
  • 78
    View loans »
    Georgia Loans Fundraising
  • $6,868,175
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD
Expired
A loan of $925 helped Revaz to purchase piglets.
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2012
Listed
May 9, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 8, 2012