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Abasali
Abasali M. lives in the village Dzveli Kveshi, Kartli Region. He is 52 years old. Abasali is married and lives with his wife, 25-year-old son and 103-year-old mother. Abasali’s family is actively involved in agriculture. In particular, they own a plot of land, cultivate it and grow potatoes and maize. The harvested grain and potatoes are sold to local wholesalers.

With the requested amount, Abasali plans to cultivate land and sow potatoes and maize. The profit will be used for Abasali’s son's aducation, as well as purchasing additional plots of land to expand the family business. Abasali hopes he will have a good harvest season and will be able to purchase home furniture as well, in addition to the above-mentioned.

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

  • $4,600
    Average annual income
  • 55
    View loans »
    Georgia Loans Fundraising
  • $7,148,425
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Abasali to pay for cultivation of the land.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 28, 2011
Listed
Mar 30, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2011