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George is from the village of Velistsikhe. He is 39 years old, married, and lives with his wife, two school-age children, and retired father. George and his father are builders and work on special projects. Moreover, George grows grapes in his own vineyard, and sells the harvest in the fall season.

In order to generate more income for his family's well-being, George plans to start another business with the Kiva loan. If his loan is financed, George will purchase vine saplings, grow them, and sell the small trees next year in the fall when there is a planting season. George thinks his project will raise his income and the family will get good profit for next fall.

George hopes that Kiva loan will be helpful for his business .

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
  • 37
    View loans »
    Georgia Loans Fundraising
  • $7,812,050
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,400 helped George to purchase vine saplings to grow and sell in the planting season.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 31, 2013
Nov 17, 2013
Currency Exchange Loss:
Nov 17, 2014