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George lives in the Khobi district of West Georgia. He is 50 years old, a single man living with his retired father. George is involved in the agricultural business. In particular, they have two milk cows, two calves, two pigs and nine piglets. With the received milk George produces cheese which is sold from his house among the locals. Besides, he grows kiwis and maize on the family-owned agricultural land and sells them at the local open market. George’s father helps him running family business in spite of his age.

Now, George has decided to start a new business so as to earn a more stable income. With the received credit, George will purchase a second-hand car and serve local people as a taxi driver.

The Kiva loan will be a great financial help for him. George awaits your support.

Additional Information

More information about this loan

This loan is part of Credo's startup loan program targeting particularly vulnerable clients who live at the subsistence level and have been unable to obtain credit due to lack of income from an existing business. This program offers them a longer repayment term and an annual interest rate that is 5% lower than the standard interest rate. By funding this loan, you are supporting a program that gives borrowers a second chance to start and grow small businesses. This has the potential to alleviate the effects of poverty, significantly improving borrowers' incomes and their families' quality of life. Learn more about Credo's startup loan program on the Kiva Blog.

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
  • 56
    View loans »
    Georgia Loans Fundraising
  • $8,096,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,200 helped George to purchase a car to use as a taxi.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jul 13, 2013
Jul 25, 2013
Currency Exchange Loss:
Mar 17, 2014