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Maia
Maia is 33 years old. She lives in a small village of Kashuri District with her family, husband Revaz, mother-in-law, who is a pensioner, and two children (13 and 15 years old). Both children study in the village school. Revaz is a worker in construction and gets a service fee for his work. Maia runs an agricultural business. In particular, she has a plot of land where haricot, maize, onions, garlic and potatoes are grown. She sells her harvested products on the local open market. In addition to farming she has a milking cow, produces cheese, and sells it in the village. Maia and Revaz work hard; they still don’t have enough income to set aside some savings for purchasing additional needed household goods or to finance the studies of their children. The total average monthly income of the family is 700 Lari.

Maia requested a loan for purchasing a milk cow and a calf. She will be able to produce more dairy food: cheese, curds, and yogurt. Thus, she wants to expand her business in order to make a good profit. With increased profits, she will be able to finance the studies of her children and purchase household items. As a result of the loan, the family will be able to improve their living conditions. Maia and Zviad hope for your generosity.

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
  • 98
    View loans »
    Georgia Loans Fundraising
  • $7,312,700
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Maia to purchase a milk cow and a calf.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013