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Nelly
Nelly is 62 years old. She lives in Khoni District, West Georgia, with her family: a 39-year-old son, 35-year-old daughter, daughter-in-law, and mother-in-law. Nelly runs an agricultural business with her family. They own a dairy farm with two milk cows. Nelly produces and sells on average 20 kg of traditional Georgian cheese. Along with the above mentioned, the family has a pig farm. They sell 12 piglets each year. Nelly grows maize on the family-owned 1.25 hectare of land. She uses maize for feeding the domestic animals.

Nelly has requested a credit for purchasing a horse. It will be helpful for her in taking the dairy products to the market; also, she will use it for going to the cornfield. After purchasing the horse, Nelly will save on transportation, and the profit of the family farm will increase. The family will be able to purchase additional household goods and to improve the 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
  • 44
    View loans »
    Georgia Loans Fundraising
  • $7,799,500
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Nelly to purchase a horse.
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:
Jan 15, 2013