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Dimitri
Dimitri is 58 years old. He lives in the village of Atskuri in East Georgia with his wife, Nelly. Dimitri works as worker-constructor in his own and nearby villages. Nelly works as nurse in the village. Along with their main jobs, the family is involved in agriculture.

They have small dairy farm with 2 milk cows. Nelly produces traditional Georgian cheese and sells on average 40 kg of this product to local dairy product retailers. Her cheese has a high quality and she never has a problem with sales. Dimitri grows maize on a family-owned 1 hectare plot of the land. 40% of the harvested corn is used for feeding the cows and the rest is sold on the local market. The total average monthly income of the family is 700 Laris.

Dimitri requested credit for purchasing a milk cow. Nelly will be able to increase production and sales of cheese by 50%. The income of the family will increase by 150 Laris. Family members will be able to spend more on satisfying their daily needs and improving 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

  • $6,100
    Average annual income
  • 40
    View loans »
    Georgia Loans Fundraising
  • $7,796,600
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Dimitri to purchase a milk cow.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2012
Listed
Feb 24, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012