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Elguja
Elguja comes from the village of Ruisi, Kartli Region. He is 58 years old, married and lives with his wife, son and grandson, who is two years old.

Elguja and his wife are actively involved in agriculture. Elguja’s son works as contractor in the nation’s army. Elguja and his wife lead the family agricultural business. They have two milk cows and produce cheese, which is sold on the open market in Gori, a nearby town. Elguja’s family owns plot of land, with an area of 3 ha, where wheat, cabbage, haricot beans, beets and onions are grown. Part of the vegetables are sold locally. Elguja owns a tractor, which is used for tilling his own plot. In tilling season, he also works with his tractor on other villagers’ plots and receives additional income.

With the requested amount Elguja plans to cultivate his plot, purchase vegetable seeds, fertilizers and pay salaries to the hired workforce.

With the increased profit, Elguja plans to expand the family’s agricultural business, purchasing additional plots. In addition to this he wants to overhaul his tractor and purchase some furniture for their house.

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
  • 75
    View loans »
    Georgia Loans Fundraising
  • $7,714,400
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Elguja to purchase vegetable seeds, fertilizers, and pay salaries to the workforce.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2011
Listed
Mar 28, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012