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Giorgi
Giorgi is from the village of Kolagi, in the Kakheti Region. He is 64 years old and lives with his wife, Nina. Giorgi and Nina earn their living through agricultural activities. They own a 2-hectare peach orchard and a 0.14-hectare vineyard. Giorgi sells his grapes and peaches locally. The family's total average monthly income is 700 laris.

Giorgi has requested a loan to purchase fertilizers for the peach orchard. After proper fertilization, Giorgi can count on a good harvest next year, which will bring additional income to the family. He will also use part of the loan to pay his seasonal workforce.

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
  • $7,088,700
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Giorgi to purchase fertilizers and pay his workforce.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 2, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012