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Irma is 43 years old. She lives in a small village in the Sagarejo District with her family: her husband Gia and their two children, who are 18 and 20 years old. The younger son serves in the Army and the elder is a student. Gia works in construction and gets a service fee for the work. Irma runs an agricultural business. She has two milking cows and sells milk in nearby villages. The total average monthly income of the family is 800 Lari.

Irma requested a loan for purchasing an additional dairy cow and feed. She will purchase hay, which will be used for feeding the cows during the fall and winter seasons. Hay is cheap now and the price increases by 30-40% in the fall months. Irma saves significantly on the costs of feeding the cattle. Since the cows will be fed properly in winter, they will give a planned amount of milk to the family. This will help Irma to increase her dairy farm and improve the living conditions of the family

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 $1,225 helped Irma to purchase a dairy cow and feed for cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 18, 2012
Aug 12, 2012
Currency Exchange Loss:
Oct 15, 2012