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Tea
Tea is 38 years old. She lives with her husband and daughter in the small village of Kaspi district. The family runs an agricultural business. In particular, they have a milk cow whose milk is used in cheese production. Tea sells cheese locally as well as in the capital city of Tbilisi at a good price. She is a very hard working woman and has a rich experience in her business. She requested a loan for purchasing a milk cow. After purchasing this additional milk cow, she will be able to produce more cheese and thus increase the income of her family. With increased income they will be able to improve their living conditions. Tea 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 $1,225 helped Tea to purchase a milk cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 31, 2012
Listed
Jan 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014