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Nona
Nona is 35 years old. She lives in the village of Leteti in East Georgia with her family, including her 12-year-old son, Goga, and her retired parents. Goga goes to school. The family lives below the poverty line and receives relevant social assistance from the government.

The main source of income for the family is agriculture. They have a calf and chicken. Nona sells eggs in the village. Also, the family owns agricultural land where onions, haricot, maize and tomatoes are grown. Nona sells harvested products in the village to local retailers. The total average monthly income of the family is 500 GEL.

Nona has requested credit for purchasing a milk cow. She will produce cheese and sell it locally. It will increase the income of the family, allowing them to improve their 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
  • 44
    View loans »
    Georgia Loans Fundraising
  • $7,796,600
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Nona to purchase a milk cow.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2012
Listed
Feb 6, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013