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Malkhaz is a 34-year-old farmer from the village of Japana, West Georgia. He is married and lives with his wife Mary, his parents, a 7-year-old daughter and a 2-year-old son.

All the adult members of the family are involved in agriculture. In particular, they have a dairy farm with four milk cows. Mary and her mother-in-law produce approximately 70 kg of traditional Georgian cheese per month with the milk and sell it at the local market. The family also owns 2.5 hectares of agricultural land, 1 hectare of which is used for growing watermelon. They harvest 20 tones of fruit which is sold to the wholesalers. Another 1 hectare is used for maize: 3 tones are harvested each year, 1.5 tones of which is sold locally and the remaining 1.5 tones is used in the dairy farm for feeding cows and calves. On the remaining 0.5 hectares, various vegetables are grown, which are sold at the local market.

Malkhaz requested a loan for cultivation of the land and purchasing watermelon seeds. With cultivation and quality seeds, Malkhaz expects to harvest 30 tones of watermelons (10 tones more that usual). The harvest of maize will increase to 5 tones.

This family has also planned how they will invest the profit. They will buy a personal computer for their daughter, purchase an additional cow for dairy farm expansion and perform some renovation work on the house.

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
  • 45
    View loans »
    Georgia Loans Fundraising
  • $8,648,750
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Malkhaz to pay for tilling the land and watermelon seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 6, 2011
May 18, 2011
Currency Exchange Loss:
Dec 15, 2011