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Mekhrab
Mekhrab is a farmer from the village of Paris, East Georgia. He is 56 years old, married, and lives with his wife, Dilara, and his 25 year-old son. Mekhrab’s son works as singer in a local restaurant. He is a musician.

Mekhrab and Dilara are leading the agricultural business of the family. They own 1.3 hectares of land, where potato, maize and pumpkins are grown. Mekhrab sells his products in Tbilisi (capital city of the country). Total average monthly income of the family is 900 Laris (approximately 540 USD).

Mekhrab requested credit to purchase seeds for potatoes. He will purchase quality seeds and sow them in the plot. During the winter, Mekhrab and Dilara will work hard in order to get a quality harvest. They hope that the weather conditions will be favorable as well, and will sell harvested products for a good price. The family will use the received income for improving family 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
  • 96
    View loans »
    Georgia Loans Fundraising
  • $7,310,200
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Mekhrab to purchase seeds of potatoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 19, 2011
Listed
Nov 5, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012