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Leila is 56 years old. She lives in a small village in Tetritskaro District with her family, husband Geront, her 33-year-old daughter, her son-in-law and grandchild. Her daughter works in a confectionery store and bakes cakes. Nanuli, with her husband and son-in-law, runs an agricultural business. In particular, they are busy with cattle breeding. They have 6 cows, 11 calves, 6 pigs, 30 hens, and 70 sheep. They are very hard working people and take good care of their livestock. Leila produces dairy food, mainly cheese and curds, and sells them in Tbilisi (Capital of Georgia). Geront sells calves, piglets and lambs in nearby villages. The total average monthly income of the family is 1,000 Lari.

Leila requested a credit for expansion of the cattle shed. After the building is expanded, the family will be able to keep more livestock there. This will enable them to double production and sales of dairy food and the income of the family will significantly increase. With an increased amount of profit, they will be able to repair the house because the existing one is old and uncomfortable. Due to the above mentioned, the living conditions of the family will be improved.

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
  • 50
    View loans »
    Georgia Loans Fundraising
  • $8,096,850
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,475 helped Leila to expand the cattle shed.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 31, 2012
Jun 20, 2012
Currency Exchange Loss:
Jul 17, 2013