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Muradkhan is 39 years old and lives in a small village of Bolnisi district with his wife. The family earns its living through agricultural activities. In particular, they have a milk cow used to produce cheese that is sold locally. Muradkhan owns a 2-hectare plot of land and grows onions and peas. He also has a cabin and works as a shoemaker in his village. In addition, Muradkhan works as a waiter at the local café and gets a monthly salary. He works hard to improve his family living conditions.

Muradkhan requested a loan to purchase sheep. After purchasing the sheep, he will slaughter them and sell the meat at a good price. It will increase the family's income and Muradkhan will be able to expand his business.

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
  • 39
    View loans »
    Georgia Loans Fundraising
  • $8,094,625
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Muradkhan to purchase sheep for slaughter and sell the meat.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Oct 5, 2012
Nov 3, 2012
Currency Exchange Loss:
Nov 18, 2013