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Stepane
Stepane G. lives in Vale, in the Samtskhe Javakheti district. He is 43 years old and married. Stepane lives with his wife Manana and two sons (17 and 15 years old). Both of them go to school.

Stepane is leading the agricultural farm of the family. They have a 1. 5-hectare plot of land where they grow different types of vegetables, in particular cabbage, cauliflower, beets and some others as well. The harvested vegetables are sold locally. Manana works as a baker in a bakery. Her monthly salary is 250 Georgian Laris.

With the requested loan amount, Stepane and Manana plan to renovate their house because it is old and is in bad condition. The renovation will create better living conditions for the family.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Georgia

  • $6,100
    Average annual income
  • 38
    View loans »
    Georgia Loans Fundraising
  • $7,802,825
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,850 helped Stepane to purchase materials to renovate his house.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 8, 2011
Listed
May 3, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011