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Lena is 26 years old. She lives in a small village of Kobuleti District with her family: two children (6 and 8 years old), father-in-law, daughter-in-law and nephew. The family earns their living through an agricultural business. They have 2 milking cows and produce dairy food: cheese, yogurt and curds. The family also owns a citrus garden and a plot of land, where they grow nuts, potatoes and maize. They work hard during spring and summer seasons to get a good harvest. They sell harvested products on the local open market. Total average monthly income of the family is 450 Lari.

Lena requested a loan for purchasing an additional milking cow. She will be able to produce and sell more dairy food. Thus, she wants to expand her business in order to earn a good profit. With increased profits, she will be able to reinvest in her agricultural business. As a result of the above mentioned, living conditions of the family will be improved. Lena hopes 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
  • 38
    View loans »
    Georgia Loans Fundraising
  • $7,807,625
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Lena to purchase a cow.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 27, 2012
Jul 13, 2012
Currency Exchange Loss:
Aug 17, 2013