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Teimuraz is 36 years old and lives in a small village of Gardabani district. He is divorced and lives with his sons (14 and 18 years old). The younger son attends the village school.

Teimuraz runs his agricultural business. Teimuraz’s two sons help their father with agriculture. He owns four milking cows and three calves. Teimuraz makes cheese from the milk he gets and sells it at the local open market. Besides this business, he is involved in meat trading. He is a very hardworking, responsible person with a lot of experience in his work.

Teimuraz requested a loan to expand his meat business. With this loan, he will purchase more meat and resale at a good price. He will increase his trade capital and make his business more profitable. Taking into account the above-mentioned, the living conditions of the family will improve.

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
  • 49
    View loans »
    Georgia Loans Fundraising
  • $8,645,350
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Teimuraz to purchase meat for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 10, 2012
Aug 27, 2012
Currency Exchange Loss:
Aug 17, 2013