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Mamuka
Mamuka is from the village of Patara Lilo, Gardabani District. He is 50 years old, married and lives with his family: wife – Maka, two daughters (7 and 5 years old) and his parents.

Mamuka is a truck driver. He works as a contractor on a local sand-pit. He transports the sand. He gets 500 Laris per month. Mamuka’s parents are managing the dairy farm owned by the family. They have 4 milk cows and produce yogurt from the milk, which is sold in grocery stores in Tbilisi (capital city of the country). Maka is a housewife. Mamuka and Maka’s elder daughter goes to school and the younger one goes to kindergarten. The family's total average income is 1500 Laris.

Mamuka has requested credit for changing the tire-covers of his truck, as the old ones are in bad conditions already and may cause danger to the driver. The new tire-covers will serve him for 2 years.

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
  • 55
    View loans »
    Georgia Loans Fundraising
  • $7,025,600
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Mamuka to purchase tire-covers for the truck.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 5, 2011
Listed
Aug 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012