Check out some available loans that are similar to this one!
Potola
Potola comes from the village of Nogha, West Georgia. She is 62 years old and lives with her mother-in-law in the village.

Potola used to work as cashier, but at the moment, she is retired and is mainly busy with her agricultural business. Potola has four milk cows and two calves. She produces and sells 70 – 80 kg of cheese at the local open market. Also, Potola grows 500 nut trees and sells approximately 400 kg of nuts per year. Along with the above-mentioned things, Potola has a couple of hens and turkeys. She sells eggs at the local market. The total monthly income of the family, including the pension of Potola’s mother-in-law, is 300 Laris.

Potola plans to increase the amount of hens and turkeys on her farm, but her problem is that the fence of the yard is already old and broken, and there is the risk that some of the hens and turkeys may go through it and get lost. Because of this reason, Potola requested credit for renovation of the fence. After she has a new fence, she will increase the amount of hens and turkeys and will be able to sell more eggs. It will positively impact her income. Potola plans to use the increased income for a house renovation to improve their living conditions.

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
  • 78
    View loans »
    Georgia Loans Fundraising
  • $6,884,900
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Potola to purchase materials for a fence renovation to keep more hens and turkeys.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2011
Listed
Jul 23, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012