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Avtandil is 56 years old. He lives in the village of Kveda Sazano with his wife, two sons, daughter-in-law and a grandchild. Avtandil has chronic health problems and gets small-sized assistance from the government.

In spite of his health problems, Avtandil works hard and is busy with agricultural activities. Specifically, he owns a vineyard and grows walnut trees in his plot of land. He works hard the whole year and harvests the quality products which are sold to retailers. Additionally, the family runs an animal husbandry business and breeds two pigs.

The family lives below the poverty line, and according to government estimates, they belong to “vulnerable poor” category.

With this loan, Avtandil would like to purchase a tractor. He will use it to perform agricultural work on the land of nearby farmers, mainly in the tilling and sowing seasons, and will be paid by the landlords. He will save any profits generated by the tractor and continue to cultivate his own land. His son will assist him in this business as well. He expects that this loan will significantly increase his family's income and enable him to provide better living conditions for his family.

Additional Information

More information about this loan

This loan is part of Credo's startup loan program targeting particularly vulnerable clients who live at the subsistence level and have been unable to obtain credit due to lack of income from an existing business. This program offers them a longer repayment term and an annual interest rate that is 5% lower than the standard interest rate. By funding this loan, you are supporting a program that gives borrowers a second chance to start and grow small businesses. This has the potential to alleviate the effects of poverty, significantly improving borrowers' incomes and their families' quality of life. Learn more about Credo's startup loan program on the Kiva Blog.

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 $1,000 helped Avtandil to purchase a tractor to perform work on the land of nearby farmers.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Oct 19, 2013
Nov 5, 2013
Currency Exchange Loss:
Jan 18, 2014