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Revaz
Revaz is 24 years old. He lives in Tsetskhlauri village, Kobuleti District, with his 24-year-old wife, their 2-year-old son, and his parents. The family owns a plot of agricultural land, four milk cows and four calves. Revaz’s wife and his mother milk the cows every day to make dairy products. He and his father cultivate the land, where they sow maize, and they also have nut trees. All the harvested products, and the dairy products, are sold locally in the market, and the family receives a small monthly income. With this loan, Revaz wants to buy a milk cow, which also be used for milking and making dairy products. He plans to develop his farming and reinvest the profits in the business. The loan will help Revaz to achieve better living conditions and to provide a better future for his young son.

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
  • $6,859,275
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Revaz to buy a milk cow.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2013