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Naira
Naira T. is 54 years old. She is married and lives in the village of Manglisi in the Kartli Region. Naira’s family consists of five members: her husband Jimsheri, a 24-year-old son, a daughter-in-law, her 84-year-old mother-in-law and herself.

Jimsheri leads the family’s farming activities. They have three milk cows. Cheese is produced and sold locally. Also, Jimsheri cultivates the plot of the land owned by the family and grows different types of vegetables. Vegetables are consumed by the family as well as sold in a grocery store run by Naira. The store is located in a neighbor village. Naira goes there every day and sells the grocery products.

The biggest part of the loan will be used to purchase stock-in-trade for the store. It will positively impact the income of the store. The other part of the loan will be used to renovate the house. The profit earned from the store will be used for further expansion of the family's rural activities.

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
  • 51
    View loans »
    Georgia Loans Fundraising
  • $7,169,700
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Naira to purchase goods for her grocery store and materials for house renovation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2011
Listed
May 3, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011