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Nukri
Nukri is 36 years old. He lives in a rural area near Tbilisi, the capital city of the country. Nukri is married and lives with his family: his wife ,Tamar, his 3-year-old son and 1-year-old daughter. Nukri and Tamar earn a living through agriculture. Nukri works hard during the whole day on the family-owned dairy farm with 10 cows. Tamar takes care of their children and also helps Nukri on the farm. They produce and sell on average 100 kg of cheese and milk in Tbilisi. Also the family has 20 sheep. They sell lambs, as well as cheese, made from sheep’s milk. The total average monthly income of the family is 700 Laris.

Nukri has requested a loan to purchase feed for their cows. He will use purchased feed for two months. As the cows will be fed properly, they will retain productivity and the family will get the planned amount of milk for dairy products. Starting from May, there will be fresh grass and the cows won’t need hay any more.

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
  • 76
    View loans »
    Georgia Loans Fundraising
  • $7,714,400
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Nukri to purchase feed for cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2012
Listed
Mar 16, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013