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Sopiko
Sopiko is 31 years old. She lives in a small village in Tskaltubo district with her two brothers. One of her brothers works in a petrol station and earns a salary. Sopiko and her second brother run an agricultural business. They have a bull and a plot of land, where they grow various vegetables, fruits, and maize. They sell their harvested products on the local open market. The family members work hard, but they still don’t have enough income to save for purchasing additional needed household goods or renovation of their house.

Sopiko requested a loan to repair her house. The existing house is very old and damaged; the furniture is old and uncomfortable, too. With this loan, Sopiko will be able to change the furniture and repair the house. The family's living conditions will be improved and they will be able to spend their evenings after hard-working days in a more comfortable environment. They hope 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Georgia

  • $6,100
    Average annual income
  • 77
    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 $925 helped Sopiko to repair her house.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2012
Listed
Jul 13, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013