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Mamuka
Mamuka comes from the village of Nakhshirghele in the Imereti district. He is 34 years old and lives with his wife, Maya, their 7-year-old daughter, Lika, and his mother.

Mamuka and Maya head the agricultural business of the family. They have two milk cows and sell approximately 50 kg of cheese per month to local dairy products retailers. Also the family owns 0.7 hectare of agricultural land, where they grow tomatoes, strawberries and other crops. The sell the harvested fruit and vegetables locally.

Along with working at their own farm, Mamuka and Maya also work in neighborhood farms as milkers. Each of them gets a monthly salary in the amount of 100 GEL.

With the requested credit, Mamuka plans to renovate the cattle shed, as it is already old and needs to be renovated before winter starts. Otherwise it won’t keep a warm temperature in the winter and the cows may be damaged.

In the future, Mamuka plans to save and renovate his house to improve the 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 Georgia

  • $4,600
    Average annual income
  • 73
    View loans »
    Georgia Loans Fundraising
  • $6,859,275
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mamuka to purchase materials to renovate the cattle shed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2011
Listed
Jul 12, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012