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Anna
Anna is from the village Mashavera, East Georgia. She is 63 years old, married and lives with his husband, Anzor. Anna and Anzor are bee-keepers. They have 30 bee-hives with bee-colonies and sell on average 450 liters of Honey per year. They sell it locally, retailers, as well as to the local population. Along with the bee-keeping business, Anna is busy with trade. She has a grocery store in the village, where she sells various grocery products.

Anna has requested a loan to increasing the store's inventory. She will increase the assortment of products in the store. It will increase sales and consequently the profit of the business. Anna plans to use the increased income for further expansion of the bee-keeping business through purchasing of additional bee-hives and bee-colonies.

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
  • 94
    View loans »
    Georgia Loans Fundraising
  • $7,289,900
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Anna to purchase grocery products to increase her inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2011
Listed
Sep 8, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012