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Lela is from the village of Vardisubani. She is 40 years old and lives with her husband and 18-year-old daughter who is a student. Lela’s husband works as an artisan locally and gets a monthly income. The family is involved in an agricultural business. They run a small dairy farm of two calves and two milk cows, whose milk is used in cheese products. They sell the dairy from their house. Lela works hard to make some savings and improve the living conditions for her family.

Lela requested a loan for purchasing milking cows. After the number of cattle is increased, the family will be able to receive more milk for their dairy. Thus, she wants to expand her business in order to earn a good profit. With increased profits, she will be able to reinvest in her agricultural business, as well as spend more on the family’s daily needs and the living conditions for the family will be improved.

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
  • 35
    View loans »
    Georgia Loans Fundraising
  • $7,912,575
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Lela purchase milk cows.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Nov 6, 2012
Dec 1, 2012
Currency Exchange Loss:
May 17, 2013