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Kakhaber is 33 years old. He lives in the village of Mashnaari, East Georgia, with his wife Mariam and his mother. Kakhaber and his mother earn a living through trade. Kakhaber’s mother sells greengrocery products at the local market. Kakhaber trades in clothing in a nearby small town. He purchases clothing at wholesale markets and sells it for a higher price. His family's total average monthly income is 900 Laris (GEL).
Kakhaber has requested credit to increase the stock in his trade business. He will diversify the assortment of clothing in his store and attract additional customers. This will result in increased sales, as well as increasing the family's income. Kakhaber hopes that with increased income he will be able to make some savings to renovate the family house, as it isn’t renovated and needs some repairs to become comfortable for the family.

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
  • $8,091,775
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Kakhaber to purchase clothing for resale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Feb 28, 2012
Mar 12, 2012
Currency Exchange Loss:
Dec 15, 2012