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Amberki
Amberki is from the village Vazisubani, Kakheti Region, East Georgia. He is 24 years old and lives with his parents and 21 year-old brother. Amberki and his parents are involved in family farming activities and his brother works in local car washing service company as car-washer.

Amberki’s family has 2 calves. Also they have 290 peach trees. The family owns 0.7 hectare of agricultural land, where tomatoes and cucumbers are grown. Amberki sells harvested peaches and vegetables locally to the retailers. Total average monthly income of the family is 800 Laris. Amberki requested credit for purchasing fuel for tilling the land, in order to get a good harvest of vegetables next season. Also, part of the loan will be used for purchasing a calf. Amberki will sell all three calves in spring for a higher price and get a profit. He plans to use the received profit 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

  • $6,100
    Average annual income
  • 79
    View loans »
    Georgia Loans Fundraising
  • $7,710,500
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Amberki to purchase fuel for a tractor for tilling the land, and to buy a calf.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 31, 2011
Listed
Nov 11, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012