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Mavlina
Mavlina is 64 years old. She lives in a village in the Khoni District of West Georgia. Mavlina is a widow, and lives with her daughter, son-in-law and two grandchildren. Mavlina is a pensioner. Her daughter is a teacher at the local school. Mavlina is running the family's agricultural business. They have a dairy farm with five milk cows. Mavlina produces and sells an average of 60 kg of traditional West-Georgian cheese each month. She sells it at the local open market. In addition to the cows, they have a pig on the farm and sell an average of 12 piglets each year. Mavlina’s son-in-law is an investigator and gets a monthly salary. The family's total average monthly income is 1200 Laris.

Mavlina requested credit for purchasing a mini tractor. She will rent it in the village to gain additional income. There is quite a high demand for tractors in agricultural areas, especially in the spring season. She plans to use the additional income to purchase household goods and improve her 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

  • $4,600
    Average annual income
  • 95
    View loans »
    Georgia Loans Fundraising
  • $7,302,200
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Mavlina purchase a mini tractor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2012
Listed
May 21, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012