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Zaza is 26 years old. He is married and has two children – a five-year-old son and a 4-year-old daughter. Zaza lives in the village of Mukhrani, Kartli Region, with his family and his parents.

Zaza has a shop selling household goods. He buys the goods in Tbilisi (capital city) and sells them in his shop in the village.

The received loan will be used to purchase inventory for the shop – goods which are demanded by his customers. According to Zaza’s estimation, this will positively influence Zaza’s income. The main part of the increased income will be reinvested in the business and a small part of it will be expended on the family for various purposes.

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
  • 51
    View loans »
    Georgia Loans Fundraising
  • $8,643,950
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Zaza to buy additional supplies for the shop.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Mar 16, 2011
Mar 23, 2011
Currency Exchange Loss:
Oct 15, 2011