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Zurab
Zurab is 60 years old and lives in the Vani district. He is married and lives with his wife. The family runs a dairy farm of four milk cows and a calf, whose milk is used in cheese products. The cheese is sold at the local open market. In addition, Zurab owns a plot of land where nuts are grown. He sells an average of 200-300 kg nuts per month. In addition, he purchases chicks in the spring that he raises and sells as hens for a good price. Zurab is a hardworking man who is responsible and very well known in the area for his big heart and friendliness toward others.

Zurab requested a loan to purchase chicks in order to start poultry farming. Zurab will raise chickens and then sell the hens at a good price. He considers his business to be profitable, since it generates a good income that enables him to improve the living conditions of his 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

  • $4,600
    Average annual income
  • 80
    View loans »
    Georgia Loans Fundraising
  • $6,880,050
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Zurab to purchase chicks.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014