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Khvicha is a 39-year-old farmer from the village Vazisubani, Gurjaani District. Khvicha lives with his family: wife Lela, 19-year-old daughter and father. Khvicha’s daughter is a student.

Khvicha owns a peach garden on family owned 2 hectares of land. He also seasonally grows strawberries on 0.15 hectares and fruit for wine on 0.2 hectares. Khvicha sells all harvested fruit locally. Khvicha owns a tractor. He tills his own land as well as that of neighboring farmers. The family also owns a horse. Khvicha’s father works as night watchman in a local store. The total average income of the family is 660 Laris (approximately 400 USD) per month.

Khvicha requested credit to finance 3 activities. He will purchase an additional 0.7 hectares of agricultural land. He will use it productively and increase the amount of fruit sold. He will also use the credit to purchase chemicals to treat the peach trees for parasites. That is the prerequisite of a good peach harvest next summer. With the third part of the credit Khvicha will renovate part of the family house. After using the credit for the above mentioned purposes, the income of the family will increase and they will be able to improve their living conditions.

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
  • 37
    View loans »
    Georgia Loans Fundraising
  • $8,323,825
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Khvicha to purchase land and chemicals for treating peach-trees for parasites.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Sep 22, 2011
Oct 14, 2011
Currency Exchange Loss:
Dec 15, 2011