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Marine
Marine is a 43-year-old woman. She lives in a small village in Marneuli District with her only son – Manvel, who is 20 years old. Marine is a widow and has had to deal with great difficulties through her life but her strong character helps her to overcome them. She is a very hard working and energetic woman. Marine and Manvel are busy with an agricultural business. They have four pigs. Currently, they buy piglets, raise them and sell them after several months for a good price. The total average monthly income of the family is 400 Lari.

Marine requested a loan to purchase piglets and food for them. During the summer she will raise her piglets and then in winter sell them when prices are up. Thus, she will get additional income. Marine will reinvest this into the same business and purchase more piglets to repeat the process again. She will also be able to increase spending on her family’s daily needs and improve her and her son’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
  • 96
    View loans »
    Georgia Loans Fundraising
  • $7,310,200
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Marine to purchase piglets and food for them.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2012
Listed
Jun 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013