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Khatuna lives in the village of Mukhrani in the eastern part of the country of Georgia. She is 44 years old, married, and has two children.

Several years ago, Khatuna was employed as an accountant, but she lost her job due to Georgia's difficult economy.

To earn a living, she started to trade textiles for clothing and home needs. She buys textiles in bulk at wholesale markets and then sells them in nearby villages. Khatuna travels to the wholesale markets on average once a month and stores the materials she buys in her home. Her most popular item in area villages are blankets.

Khatuna requests a loan to purchase additional textile materials at wholesale.

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
  • 48
    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 $1,500 helped Khatuna to purchase cloth and textiles for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2011
Listed
Jul 20, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012