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Gulnazi
Gulnazi is 49 years old. She lives in a West Georgian village, in Senaki District. Gulnazi is married and lives with her family: husband Seriozha, two sons, a daughter-in-law, two grandsons and mother-in-law. Gulnazi, Seriozha and their sons are involved in a family agricultural business. They have three milk cows and three milk buffaloes on their farm. Each evening, Gulnazi milks the cows and buffaloes. In the mornings, she makes traditional West Georgian cheese and sells, on average, 90 kg of this product per month on the Senaki open market. Along with the above-mentioned, the family has two hectares of land, where maize is grown. The family is busy with the farm all day, especially during the spring and summer seasons. The family's total average monthly income is 700 Laris, including the pension of Gulnazi’s mother-in-law.

Gulnazi requested credit for renting a tractor for tilling the land. Also, she will use part of the credit to purchase fuel for the tractor. After tilling the land, they will sow maize. Gulnazi’s sons will work hard during the whole spring and summer to get a good harvest to sell at a reasonable price. The family will use the profits for financing family 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

  • $6,100
    Average annual income
  • 36
    View loans »
    Georgia Loans Fundraising
  • $7,802,825
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Gulnazi to rent a tractor for tilling the land and to purchase fuel for the tractor.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2012
Listed
May 15, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013