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Basti is from the village of Mughanlo, East Georgia. She is 52 years old. Basti is a widow. She lives alone in her house. The only source of income for her is a small mixed-goods store in the village. She is the owner of the store and works as a saleslady as well. She purchases grocery products, as well as other goods, at wholesale markets in nearby towns and sells them in the store. Her total average monthly income from the store is 650 Laris.

Basti requested credit to increase her stock in trade in the store. She will diversify the assortment of products and attract new customers. The sales of the store will increase and Basti will get more profit. She will use the increased profit to improve her 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
  • 37
    View loans »
    Georgia Loans Fundraising
  • $7,812,050
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Basti to increase the stock in trade in her mixed store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 14, 2012
Feb 16, 2012
Currency Exchange Loss:
Mar 15, 2013