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Temur
Temur is 40 years old. He lives in Abasha District, West Georgia with his family: his wife Dariko, two sons (21 and 20 years old) and his parents (retired).

Temur sells fruits and vegetables. He purchases fruits and vegetables from local farmers at wholesale prices and takes them for resale to neighboring towns with his own mini-bus. Along with the aforementioned, Temur owns a tractor. He provides seasonal agricultural services to local farmers. The total average monthly income of the family is 1400 lari.

Temur requested credit for purchasing fruits and vegetables for resale. He will increase the assortment of products and the sales will increase. The income of the family will increase. Temur plans to make some savings in the future to renovate the house and purchase furniture, in order to make their life in the village more comfortable.

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
  • 51
    View loans »
    Georgia Loans Fundraising
  • $7,169,700
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD
Expired
A loan of $1,850 helped Temur to purchase fruits and vegetables for resale.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Expired:
May 27, 2012