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Izolda is 48 years old. She is from the village of Orgora and lives there with her family: her husband, Arsen, and three daughters (aged 14, 20 and 21). The youngest is a schoolgirl and studies at the village school, the 20-year-old daughter is a university entrant and the eldest is a student. Izolda and Arsen run an agricultural business.

The only source of income for the family is a small dairy farm with two milking cows. They produce dairy products: cheese, curds and yogurt. Part of the dairy food is used by the family and the rest is sold at the local open market. The total average monthly income of the family is 500 Lari. They don’t have enough income to save enough to finance the studies of their three children. Their income is hardly enough to provide food for a five-member family.

With the requested credit, Izolda will buy calves and raise them. She plans to sell them after a year for a higher price. She hopes to receive a good profit. This will positively influence the family's income. Izolda will be able to finance her children's education and make them happy.

Izolda and Arsen hope for your help and kindness.

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
  • 54
    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 $1,100 helped Izolda to purchase calves to raise and sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 18, 2012
Jun 27, 2012
Currency Exchange Loss:
Apr 17, 2013