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Nana is a 47-year-old woman living in Tetrtskaro district with her 52-year-old husband, son and retired mother in-law. The main income for the family is from farming. They have 3 milk cows, 5 calves, 9 pigs and 22 chickens. They are milking the cows to produce cheese to sell locally as well as in the capital city. They also sell piglets and eggs at the local markets and get a small monthly income. The family has been in this business for 10 years. Nana requested a loan for renovating a shed and purchasing more calves. She wants to develop her farming, raise calves and make more cheese in the future to increase her family's income. The profit will help the family to renovate their house to have better living conditions.

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
  • 41
    View loans »
    Georgia Loans Fundraising
  • $8,073,000
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Nana to renovate a shed and purchase calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 4, 2013
Mar 18, 2013
Currency Exchange Loss:
Apr 16, 2014