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Zaliko is from the village of Ptena. He is 22 years old and lives with his parents and his 21-year-old brother. Agriculture is the only source of income for the family, and all family members are involved in it. They have 2 milk cows and sell home-made cheese at the local market. The family owns 6.5 hectares of land, where they grow potatoes, wheat and barley. Zaliko sells the harvested products to local retailers. The family's total average monthly income is 700 GEL.

Zaliko has requested a loan to purchase a mini tractor, which will provide an additional source of family income in several ways. Firstly, Zaliko will use it for seasonal work on the farm and thus save the usual tractor rental costs; secondly Zaliko and his brother will use it to provide tilling services to neighboring farmers, thereby earning additional income. The family will use the increased income to purchase additional household goods in order 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
  • 29
    View loans »
    Georgia Loans Fundraising
  • $8,567,900
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Zaliko to purchase a mini-tractor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 6, 2012
Feb 5, 2012
Currency Exchange Loss:
Feb 15, 2013