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Nargiza
Nargiza is sixty years old and lives with her husband, Murad, in Abasha District, West Georgia. Murad works for a local company while Nargiza runs the family dairy. They have three milk cows that produce on average sixty kilograms of traditional Georgian cheese a month which they sell on the local open market to dairy product retailers.


The family also owns three hectares of land on which they grow maize. Nargiza uses the maize to feed the cows and sells the rest at the local market. The family’s total average monthly income is 350 GEL.


Nargiza requested a 1500 GEL loan from Credo to buy fertilizer and rent a tractor to till the family’s fields. By doing so the family can hope for a better harvest that can be sold for a higher price. Nargiza and Murad will use their profits to cover 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

  • $6,100
    Average annual income
  • 79
    View loans »
    Georgia Loans Fundraising
  • $7,710,500
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Nargiza to buy fertilizer and rent a tractor to till the family’s fields.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 2, 2012
Listed
May 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013