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Rusudan
Rusudan is 60-year-old woman from the village of Gurjaani in East Georgia. She is a widow and lives with her mother-in-law, who is a pensioner.

Rusudan is busy with agricultural business. She has a plot of land where she grows peaches. She works hard on her plot to get a good harvest. She sells her peaches on the local market. In addition to her agricultural business, she is busy with trading. She buys second-hand cloth in Tbilisi (capital of Georgia) and sells it from her house. She has a lot of customers and sells the goods for a good price. The family's average monthly income is 400 Lari.

Rusudan requested a loan to pay for her granddaughter's studies. With this loan, her granddaughter will be able to graduate from her institute. After graduation, she will start work and will be able to help the family. As a result, 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

  • $4,600
    Average annual income
  • 63
    View loans »
    Georgia Loans Fundraising
  • $6,854,250
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Rusudan to finance her granddaughter's studies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2012
Listed
Jul 9, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012