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Mzia
Mzia is 52 years old. She lives in a small village of Samtredia District with her family: her husband,Grigol, her 29-year-old son, her daughter-in-law and her granddaughter. Grigol works at a railway station and gets a monthly salary. Mzia and her son are busy with agricultural activities. They have 4 milking cows and a calf. They produce cheese, part of which is used by the family members and the rest which is sold locally. They also have a plot of land, where nuts are grown. They sell approximately 100 kg of nuts seasonally.

Mzia’s son wants to become a goldsmith. With the requested credit they will purchase a golden gauge and other necessary tools to start learning the new business. Mzia thinks that her son will be a good goldsmith and he will have many orders. This will increase the income of the family. With the increased income they will be able to create better living conditions for the family members.

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
  • 42
    View loans »
    Georgia Loans Fundraising
  • $7,020,400
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Mzia to purchase a golden gauge and other necessary tools.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2012
Listed
Jul 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013