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Mubariz
Mubariz is 45 years old. He lives in a small village with his family: his wife, Elmira, who is involved in trade, his 17-year-old son and his parents. The family is busy with agricultural activities. They have 4 milk cows. Mubariz and his wife produce cheese and sell it in nearby villages. Also, Elmira purchases greens from local farmers and sells them on the local open market. The total average monthly income of the family is 950 Lari.

Mubariz requested a loan for purchasing calves. He will grow the calves and sell them after several months with a price markup. As a result of the above mentioned activities, the income of the family will increase. With the increased amount of profit he will expand his agricultural business. Mubariz hopes for your help and kindness.

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
  • 106
    View loans »
    Georgia Loans Fundraising
  • $7,324,475
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Mubariz to purchase calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2012
Listed
Jun 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013