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David is from Tianeti district of East Georgia. He is 25 years old and lives with his wife, two children (4 and 5 years old), parents and two sisters. His elder sister works as a shop assistant and gets a monthly income. David runs a small dairy business; he has 4 milk cows and a calf. His mother milks the cows and produces cheese products. In addition, David has a truck and a tractor. He serves to the local farmers with his tractor and gets a service fee. David also offers them delivery service. He is a very hardworking young man, with a great desire to get ahead.

David requested a loan to purchase calves. He plans to raise, fatten and sell them at a good price. After a year, the family will be able to get a profit. The received profit will be reinvested in the family agricultural business. David will expand his animal husbandry business and will be able to get an increased income. All members of the family will 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
  • 46
    View loans »
    Georgia Loans Fundraising
  • $8,648,750
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped David to purchase calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 6, 2012
Oct 7, 2012
Currency Exchange Loss:
Jun 17, 2013