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Demur
Demur is 69 years old. He lives in the village Dzevri, Imereti Region, West Georgia. Demur is married and lives with his family: his wife, Rusiko, and his 32-year-old son. Demur is a blacksmith. He has a small workshop and performs different orders for the villagers. His son is a worker-constructor; Rusiko is actively involved in family agriculture.

The family has two milk cows; they sell dairy products in the village. Also the family owns 0.8 hectares of land, where maize is grown. Demur and Rusiko use part of the harvested maize to feed the cows and the other part is sold locally. The total average monthly income of the family is 450 Laris.

Demur has requested credit to purchase additional agricultural land. He will cultivate it and sow additional maize. The family will get more corn for sale and thus increase their income. Demur and Rusiko will use the additional income to improve the family's 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
  • 55
    View loans »
    Georgia Loans Fundraising
  • $7,148,425
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Demur to purchase agricultural land.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2011
Listed
Nov 12, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012