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Zurab
Zurab is 40 years old. He is married and lives in a small village of Telavi District with his wife, Natalia, and a mother, who is a pensioner. Zurab and Natalia have a vineyard. They work hard on their plot during the spring and summer seasons to get a good harvest. They pick grapes in fall and Zurab takes the harvested grapes to the wine factory to sell. Along with his agricultural business, Zurab offers taxi services to local population in his own car. Thus, he earns additional income for the family.

Zurab requested a loan to purchase a car. He will purchase a better car and will be able to provide better quality service to his passengers and become more competitive. Zurab will use the increased profit for the well-being of his family.

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
  • 45
    View loans »
    Georgia Loans Fundraising
  • $7,799,500
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD
Expired
A loan of $1,225 helped Zurab to purchase a new car.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2012
Listed
Jul 23, 2012
Currency Exchange Loss:
Possible
Expired:
Aug 22, 2012