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Badri
Badri is 41 years old. He lives in a small village in the Akhmeta District with his family: his parents, a brother and an 8-year-old niece. His parents are pensioners, and his brother is a shepherd. Badri runs an agricultural business. He has milk cows and produces cheese, which is sold on the local open market. He also has pigs and sells piglets. Total average monthly income of the family is 900 Lari.

Badri requested a loan to build a cattle shed for his livestock. After he builds the cattle shed, he will be able to keep more pigs. This will increase the sales from his business. With increased profits, he will be able to reinvest in the family agricultural business in order to expand it and make it more profitable, meaning that the living conditions of the family will be improved.

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
  • 82
    View loans »
    Georgia Loans Fundraising
  • $7,706,100
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD
Expired
A loan of $1,250 helped Badri to build a cattle shed.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Jun 21, 2012
Currency Exchange Loss:
Possible
Expired:
Jul 21, 2012