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Irakli
Irakli is 22 years old. He lives in Lanchkhuti District with his parents and older sister. All the family members are involved in the family agricultural business. They have a dairy farm with six milk cows. Irakli’s mother produces cheese and sells on average 90 kg of this product to local dairy retailers. Irakli also grows potatoes on 0.2 hectare of family-owned land and cucumbers on 0.1 hectare. Irakli sells harvested products at a local market.
Irakli requested a loan to purchase a fence for his plot to protect his cucumbers and potatoes from livestock. A big part of the loan will also be used to purchase fertilizers. He will fertilize the land and work hard during the spring and summer to get a good harvest. In late summer, he will sell harvested vegetables and the profit will be used to finance the family's daily needs.

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
  • 44
    View loans »
    Georgia Loans Fundraising
  • $7,015,400
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Irakli to purchase fertilizers and a fence.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2012
Listed
May 11, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013