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Paata
Paata is from the village of Dzlevijvari, Kareli District. He is 43 years old and lives with his wife Mzia. Paata and Mzia are farmers. They have 2.5 hectares of land, where they grow tomatoes (1.5 hectare), cabbage (0.5 hectare) and garlic (0.2 hectare). Paata and Mzia spend the whole day in their plot. They work hard to get a good harvest in the season. The total average monthly income of the family is 800 Laris. Paata requested a loan to purchase fertilizers and drugs for plant treatment for parasites. Part of the loan will be used to pay the workforce who will help the family members. After fertilization and treatment, the family will get a good quality harvest and sell it for a good price. In the future, Paata and Mzia plan to make some savings from their income in order to renovate the 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
  • 93
    View loans »
    Georgia Loans Fundraising
  • $7,569,575
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Paata to purchase fertilizers and drugs to treat plants for parasites.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2011
Listed
Aug 5, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2011