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Olia is 59 years old and lives in Gardabani district. She is married, and she has a son and a daughter-in-law. Her husband works as a watchman and gets a monthly salary.

The family runs an animal husbandry business. They own four milk cows and produce cheese. Olia is very hard-working woman, with a rich experience at her work.

Olia requested a loan to purchase food for cattle. She will purchase hay, which will be used for feeding her cows during the fall and winter. Hay is cheap now, but the price increases by 30% to 40% in the fall months. By buying now, Olia significantly saves on the cost of feeding the cows. She will be able to get more milk and increase the income of the family.

With the increased income, Olia plans to build the new cattle shed. She plans to expand the dairy farm by adding more cows, but the existing cattle shed doesn’t allow her to implement this plan. After the building is expanded, Olia will purchase calves and raise them.

Olia will improve the living conditions of the family. She awaits your support.

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
  • 41
    View loans »
    Georgia Loans Fundraising
  • $7,896,375
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Olia to purchase hay for cattle before the price goes up.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Aug 13, 2012
Aug 26, 2012
Currency Exchange Loss:
Dec 20, 2013