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Guram is 62 years old. He lives in a small village of Chokhatauri District with his wife Marina. Marina is a coach and is paid fees for the work.

Guram is busy with his agricultural business. He has a plot of land where he grows nuts. He picks nuts in late summer and sells them on the local open market. Guram also has a car, and he offers taxi services to the local population. The familly's average monthly income is 580 Lari.

Guram requested a loan to buy a milk cow. He plans to expand his agricultural business that way. He will milk the cow twice in a day, and he will produce cheese. He will sell the milk and cheese on the local open market.

This will increase the income of the family. With increased income, they will be able to renovate and equip their house, because it is old and uncomfortable. The living conditions of the family will improve accordingly. After hard working days, Guram and his wife will be able to spend their evenings in a more comfortable environment.

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
  • 40
    View loans »
    Georgia Loans Fundraising
  • $8,314,800
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Guram to purchase a milk cow to start a dairy business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 13, 2012
Jul 20, 2012
Currency Exchange Loss:
Sep 17, 2013