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Teimuraz
Teimuraz is from Telavi district of East Georgia. He is 37 years old and lives with his wife, parents, brother and two children. Teimuraz’s parents are pensioners. The family runs an animal husbandry business. In particular, they have four cows and two calves. The family uses the milk for dairy products. They produce yogurt and sell it at the local open market. Besides his agricultural activities, Teimuraz works as an artisan and gets a monthly income.

Teimuraz owns a car and serves the local people as a taxi driver. He is a very hard-working man, with a rich experience in his work. Teimuraz requested a loan to repair and maintain his car. It is damaged now, and he is forced to stop the taxi business. After the car is repaired, he'll be able to resume this work and give his customers better service. This will increase the family's income, and Teimuraz will improve the living conditions for the 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

  • $4,600
    Average annual income
  • 39
    View loans »
    Georgia Loans Fundraising
  • $7,020,400
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Teimuraz to repair the car he uses as a taxi.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Nov 6, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013