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Nato
Nato is 32 years old. She is from the village of Dzalisi, Mtskheta District, East Georgia. Nato is married and lives with her family, which includes her husband Roland, her two-year-old son and retired parents (68 and 71 years old). Roland works in the State Ministry of Defense where he is a soldier.

Nato is leading the agricultural business of the family. They own two pigs and 10 piglets. Nato sells on average 20 piglets per year. Along with the pig farm, the family owns a 300 sq meter greenhouse, which is used for growing cucumbers and tomatoes. The total average monthly income from the agriculture is 500 Laris.

Nato requested a loan to develop the pig farm. She will repair the existing pigsty and purchase additional piglets, which will be raised on the farm. After a couple of the months, the piglets will be sold for a higher price. Nato plans to reinvest part of the profit in the same business, in order to increase the amount of pigs in the business, which will give them more piglets to sell.

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

  • $6,100
    Average annual income
  • 40
    View loans »
    Georgia Loans Fundraising
  • $7,802,825
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Nato to purchase piglets and materials for repairing the pigsty.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2011
Listed
Sep 19, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012