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Izolda
Izolda is 44 years old. She lives in the Gurjaani district with her 53-year-old husband, Nodar, and two sons who are going to school. The family owns a vineyard, and they also have 2 milk cows, 2 calves and a pig which will be sold as meat in the future. Izolda is milking cows every day to make dairy products, which is sold locally at the markets, and they get a small monthly income from the sales.

With the requested loan she wants to purchase an egg incubator. She will buy eggs to incubate chicks and after one month sell them locally at the markets. Izolda already has experience in this field and she thinks it will be profitable to renew the business. This will increase the family income, and with the profit she wants to renovate their house to have better living conditions, and to provide for her sons' future education.

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
  • 77
    View loans »
    Georgia Loans Fundraising
  • $7,193,500
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Izolda to purchase an egg incubator to incubate chicks.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2013
Listed
Mar 9, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2013