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Archil
Archil is 43 years old, married and has one child. His mother-in-law also lives with the family. He is a farmer from the village Akhasheni, Kakheti Region. Archil is leading the agricultural business of the family, which is their main source of income. They have a milk cow and sell milk on the market. They also sell grapes, harvested on family-owned one-half hectare of land. Archil grows maize on family-owned one-quarter hectare of land. The total average monthly income of the family is 800 Laris, including the monthly pension of Archil’s mother in law.

Archil's wife is pregnant and is expecting their second baby in December. He is requesting a loan, which he will use to cover the expenses of the maternity hospital. Archil and his wife hope that the childbirth process will be safe and both mother and the newborn will be in good health.

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
  • 94
    View loans »
    Georgia Loans Fundraising
  • $7,374,600
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Archil to pay for the maternity hospital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 29, 2011
Listed
Dec 7, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012