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Gocha
Gocha lives in Abasha District, West Georgia with his wife, Nana, and two sons (12 and 3 years old). Gocha is a car repairer. He has his own workshop, where he provides car repair services to the local population. The average monthly profit of the workshop is 500 Laris. Nana is leading the agricultural business of the family. They have four milk cows. Nana produces and sells 60 kg of traditional Georgian cheese at the local market. The total average monthly income of the family is 950 Laris.

Gocha requested a loan for purchasing electronic lifting equipment to lift the cars when necessary. With the assistance of the above-mentioned equipment, Gocha will be able to diversify the services he provides and attract new customers. It will have a positive impact on his 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
  • 89
    View loans »
    Georgia Loans Fundraising
  • $7,692,575
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD
Expired
A loan of $1,850 helped Gocha to purchase equipment for lifting cars for his auto repair workshop.
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Expired:
May 27, 2012