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Baghdasar
Baghdasar is 33 years old. He lives in village Diliska, South Georgia with his family which includes his wife Goar, 3 year old daughter and 1 year old son. Goar is a housewife. Baghdasar works as loader in the village. Along with his job, he is responsible for the agricultural business of the family. He grows potatoes on a family owned plot of the land. Baghdasar sells potatoes in the village to greengrocery wholesalers. The total average monthly income of the family is 900 Laris.

Baghdasar requested a loan to purchase quality potato seeds and fertilizers. After proper cultivation and fertilization, the quality seeds will provide the family with a good harvest allowing the crops to be sold for a higher price. The income of the family will thereby increase and they will be able 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

  • $4,600
    Average annual income
  • 52
    View loans »
    Georgia Loans Fundraising
  • $6,854,250
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Baghdasar to purchase potato seeds and fertilizers.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Mar 7, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013