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Givi is a 68-year-old farmer from the village Sakulia in Tskaltubo District. He lives with his wife Eter and their 25-year-old son. Givi and Eter are provided with retirement pension. The family makes a living working in agriculture. In particular, they have a dairy farm with eight cows. They produce cheese and sell it at the local open market.

Givi doesn’t own a car, so he has to rent one for transportation of their products. Renting the car is quite expensive and not cost-efficient. With the requested credit Givi will purchase a car. Not having to rent a car will decrease his transportation expenses, thus his profit margin will grow. With the increased income, the family's living conditions will improve.

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
  • 40
    View loans »
    Georgia Loans Fundraising
  • $7,802,825
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Givi to purchase car for product transportation.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Dec 26, 2012
Jan 14, 2013
Currency Exchange Loss:
Apr 16, 2014