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Beka
Beka is from the village Geguti, West Georgia. He is 24 years old, unmarried and lives with his parents.

The only source of income for the family is agricultural business. In particular, they own 2 greenhouses, where greens, cucumbers and tomatoes are grown. In the period of October – May the greenhouses are used for growing greens and in the summer months they are utilized for vegetable (cucumber and tomato) growing. Harvested greens are sold to local wholesalers. As for vegetables, Beka sells them on the local open market himself. Total average monthly income of the family is 950 GEL (approximately 575 USD).

Beka requested credit to purchase polyethylene material for covering existing iron construction and use it as the third greenhouse. Beka will be able to grow more greens and vegetables and increase the income of the family. They will be able to purchase needed household goods and 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
  • 50
    View loans »
    Georgia Loans Fundraising
  • $7,088,700
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Beka to purchase polyethylene material for covering greenhouses.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 28, 2011
Listed
Oct 17, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012