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Malkhaz, 46 years old, lives with his wife and 2 children in Lanchkhuti district, West Georgia. Malkhaz works as an artisan and earns a monthly income. The family runs an agricultural business. They have a plot of land, where they grow 30 nut trees and maize. They sell the harvested products locally at a good price. Malkhaz is a very hardworking man and does his best to ensure a good harvest.

Malkhaz has requested a loan to purchase 2 calves and to repair the shed. After purchasing the calves, he will raise them and produce dairy products to sell locally. Malkhaz plans to expand his farm and increase his family's income so as to improve their living conditions. He awaits your support.

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
  • 43
    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 $625 helped Malkhaz to purchase 2 calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 9, 2013
Jan 11, 2013
Currency Exchange Loss:
Oct 17, 2013