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Tengiz
Tengiz is 39 years old. He lives with his wife, three children, and mother-in-law in the small village of Lanchkhuti. His mother-in-law is provided with a retirement pension. His children go to local school.

The family runs an agricultural business. In particular, they have 6 hectares of land, where maize and 100 nut trees are grown. In addition, they have two milk cows.

Tengiz is a very hardworking man and has a rich experience in his business. He requested a loan for purchasing calves. After purchasing calves, he will increase the livestock and therefore the income of the family will increase. With increased income they will expand the cattle in future. Tengiz 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

  • $6,100
    Average annual income
  • 37
    View loans »
    Georgia Loans Fundraising
  • $7,812,050
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Tengiz to purchase calves.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 22, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013