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Almaz is 63 years old. He lives in the small village of Bolnisi district with his wife, son, and daughter-in-law. The family runs an agricultural business. In particular, they have a milk cow, whose milk is used in dairy products. Besides this, they have a plot of agricultural land where tomatoes and potatoes are grown.

Almaz sells the harvested products and dairy products locally in an open market at a good price. He is very hard working man and has a rich experience in his business. Almaz requested a loan for purchasing a milk cow. After purchasing another milk cow, he will be able to expand the cattle and produce more dairy products. This will increase the income of the family. With increased income they will be able to improve their living conditions.

Almaz 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
  • 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 $1,350 helped Almaz to purchase milk cows.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jan 15, 2013
Feb 1, 2013
Currency Exchange Loss:
Sep 17, 2013