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Meri, age 55, runs an agricultural business. She lives with her son in the Tsalka district. Meri has a milk cow, whose milk she sells locally in an open market at a good price. In addition, she has half a hectare of agricultural land, where potatoes are grown. She sells the harvested potatoes locally. Meri is a very hard-working woman and does her best to ensure a good harvest.

She has requested a loan for purchasing two milk cows. After purchasing these additional milk cows, she will be able to produce more dairy products to sell at a good price. This will increase the family income and will improve the living conditions of the family.

Meri is grateful for 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

  • $6,100
    Average annual income
  • 37
    View loans »
    Georgia Loans Fundraising
  • $8,073,000
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Meri to purchase two milk cows.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 14, 2012
Dec 22, 2012
Currency Exchange Loss:
Dec 20, 2013