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Vazha
Vazha is from the small town of Manglisi. He is 36 years old and lives with his wife, mother and two children. His mother is a pensioner.

Vazha works as an artisan and a fireman. His job takes a lot of time and energy, but he still finds time for the family’s business. He has two milk cows, which he uses to produce yogurt and sell it locally.

Vazha is a very hardworking young man, with a great desire to get ahead.

With the requested loan, Vazha will renovate his existing house, which is old and damaged. Vazha will purchase building materials and renovate his home. After the house is repaired, he will rent the house during the tourist season and earn an income. With the increased income, Vazha will expand his tourist business and improve the living conditions of the family. He 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

  • $4,600
    Average annual income
  • 94
    View loans »
    Georgia Loans Fundraising
  • $7,289,900
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Vazha to purchase building materials to renovate his rental property.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Oct 25, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014