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Oganes
Oganes is 46 years old. He lives in the village of Krasnoe (East Georgia) with his wife Margarita and their 25-year-old son.

Oganes is a tailor. He has his own sewing workshop. Oganes designs various types of seasonal clothes and sells them in his village. The average monthly income of the family is 800 Laris.

Oganes requested credit to purchase a car. He will take his clothes to the nearby villages and towns and sell them there. Oganes hopes that by using the car, he will be able to double the sales of his clothes. He thinks that he has enough production capacity to satisfy the doubled demand. The income of the family will increase and they will 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
  • 101
    View loans »
    Georgia Loans Fundraising
  • $7,213,575
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Oganes to purchase a car for transportation of his products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Sep 12, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012