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Vladimer
Vladimer comes from the village of Martkopi, Gardabani District. He is married and lives with his wife Nina, son and mother. Nina works as a teacher in a local school. Vladimer’s son is a joiner and works in his own workshop. Vladimer has a minibus; he drives passengers on the Martkopi – Lilo line. This line is always crowded, because Lilo is a wholesale centre of East Georgia and people from Martkopi and nearby villages often travel there for shopping purposes. Recently, Vladimer’s minibus had some problems and he had to stop work. He needs to repair his minibus in order to continue provision of quality transportation services to villagers.

Vladimer has requested credit to repair his minibus, which is an important source of income for him and his family. A small part of the credit will be used to renovate part of his 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

  • $4,600
    Average annual income
  • 45
    View loans »
    Georgia Loans Fundraising
  • $7,020,400
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Vladimer to pay for minibus repairs and materials for house renovation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2011
Listed
Jun 18, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012