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Sergo M. is 28 years old and lives in the village of Tsilkani, Kartli Region. He lives together with his big extended family, consisting of himself, his wife, daughter, parents, brother and grandmother. The family has been running an agricultural farm for 15 years which now counts four cows, seven calves, nine goats and 27 chickens.

The family produces cheese and sells it in a grocery shop in Tbilisi (capital of the country). They also sell eggs and goat's milk. Agriculture is the main source of income for Sergo’s family, along with the salary he gets for working as a policeman. Sergo’s parents work in the farm, and his wife is busy with their 1-year-old daughter.

With the loan Sergo plans to add two milch cows to the farm. It will allow them to produce more cheese and increase the income of the family. Increased income will allow Sergo to spend more on family well-being and he also plans to put aside some savings to reinvest the funds in further development of the farm.

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
  • 53
    View loans »
    Georgia Loans Fundraising
  • $8,637,875
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,775 helped Sergo to purchase two milch cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 14, 2011
Mar 17, 2011
Currency Exchange Loss:
Jan 15, 2012