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Guliver is a 43-year-old married man who lives with his wife and retired mother in Telavi district. His wife is working in a local shop as a saleslady and gets a very small amount of salary. The family owns a milk cow whose milk is used for cheese products. Besides his agricultural activities, Guliver owns a car and serves as a local taxi driver. He is a very experienced driver and is already in this business for 20 years.

Seeing as how the benzene price is high, not many citizens can afford to use the taxi service. Because of the above mentioned problem, Guliver has decided to change his taxi's fuel system from benzene to gas, which is cheaper than benzene and will reduce the cost of transportation by 40 to 45 percent. It will allow Guliver to decrease the price of the service, which will attract many customers. Increasing the number of customers and cutting his costs will positively affect his profit. He will pay a local auto service center to change the fuel system.

The increased profit will make Guliver and his family's lives better.

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
  • 48
    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 $925 helped Guliver to change the fuel system from benzene to gas.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 4, 2013
Mar 1, 2013
Currency Exchange Loss:
Mar 17, 2014