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Davit
Davit is a 22-year-old man living in the Akhaltsikhe district. He lives with his 18-year-old wife, his parents, brother and sister.

The family owns a plot of agricultural land where they grow potatoes. They also have 40 milk cows, 16 calves, 2 bulls, 2 buffaloes and 2 horses. They produce dairy products with the cattle. The produced and harvested products are sold locally at the Akhaltsikhe markets.

Davit has been working as a farmer from a young age, and he has already been in this business for eight years. He requested a loan to purchase hay for his cattle. When the cattle are fed properly, they will produce more, and better, milk. This will help the family to grow their production and sales volume.

With the profit, Davit wants to save to buy a house for him and his wife, so they can live independently of his family. Davit 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
  • 44
    View loans »
    Georgia Loans Fundraising
  • $7,799,500
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Davit to buy hay for his cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014