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Natela is 56 years old. She lives in a small village of Telavi District with her husband – David. They are busy with trading. They purchase secondhand clothing in Tbilisi (Capital of Georgia) and then sell them in nearby villages. The clothes are of good quality and they have no problems with selling.

Natela requested a credit for purchasing seasonal clothes for resale. She will offer a wide assortment of clothes to the customers. This will increase her sales and consequently, her profit. She will reinvest part of the profit in the same business, and the other part will be used for improving family 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

  • $6,100
    Average annual income
  • 36
    View loans »
    Georgia Loans Fundraising
  • $7,912,575
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Natela to purchase seasonal clothes for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 2, 2012
Jul 23, 2012
Currency Exchange Loss:
Aug 17, 2013