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Mirza
Mirza is 32 years old and lives in the Baghdati district. He lives with his wife, two children (four and eight years old), and a brother. The family runs a dairy farm with two milk cows, whose milk is used in cheese products. The cheese is sold to local retailers. In addition, Mirza owns a pig and sells piglets seasonally. The family has a vineyard as well and produces wine and vodka with the harvested grapes, which are sold locally. He has a poultry farm and has been in this business for two years. He sells on average 500 hens per month. Mirza is a hardworking man who is responsible and very well known in the area for his big heart and friendliness with others.

Mirza has requested a loan to purchase 500 chicks and expand his poultry farming. The other part of the loan will be used for chicken feed. He will raise chickens and then sell the hens at a good price. He considers his business to be profitable, as it generates a good income that enables him to improve the living conditions of the family.

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
  • 75
    View loans »
    Georgia Loans Fundraising
  • $7,714,400
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Mirza to purchase more chicks and poultry feed.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 1, 2013
Listed
Feb 13, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013