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Elene is 37 years old. She lives in a small village of Mtskheta district. She is married and has three children. (7, 15 and 16 years old) Her children go to the local school. Elene’s husband works as a house painter and gets a monthly income. The family has a small dairy farm. In particular they own two milk cows and produce cheese which is sold locally. Elene works hard, but she still doesn’t have enough income to put aside some savings and improve the living conditions of the family.

Elene requested a loan to drill a water well and roof the kitchen. After the well is drilled, the family will be provided with water. Elene will purchase building materials for her kitchen roof as well. The existing roof is damaged and drips water. With this loan, she will implement her plans and 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Georgia

  • $6,100
    Average annual income
  • 36
    View loans »
    Georgia Loans Fundraising
  • $7,908,800
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Elene to drill a water well and roof the kitchen.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 14, 2012
Sep 3, 2012
Currency Exchange Loss:
Mar 15, 2013