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Levan
Levan is from the village Breta, Khashuri District, East Georgia. He is 61 years old and lives with his wife Limer. Levan and Limer are internally displaced persons from an area of conflict. They receive a relevant pension from the Georgian government.

Levan has two hectares of land, where wheat, cabbages, maize and tomato are grown. Harvested vegetables are sold locally to retailers. Their average income is 400 Laris, including their monthly pension. His family also owns an electrical corn mill. Their mill is out of the order at the moment. Levan requests a loan to repair the mill. After the mill is running, he can get orders from neighbor households and mill various types of corns.

Levan will get additional income and work hard to expand his family's agricultural business.

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
  • 39
    View loans »
    Georgia Loans Fundraising
  • $7,020,400
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Levan to repair his mill.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2011
Listed
Oct 8, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012