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Artur
Artur is 20 years old. He lives in a small village of Marneuli District with his parents. The family runs an agricultural business. They have a plot of land, where potatoes are grown. The family also has milking cows, calves and pigs. They are very hard-working people and take good care of their livestock. On the local open market they sell the potatoes they harvest and also the dairy products, cheese and curds, which they make.

Artur requested a loan to purchase calves and food for them. He will purchase hay, which will be used to feed the cattle during the fall and winter seasons. He will raise the calves and then sell them for a good price. This will increase the income of the family. As a result, Artur will be able to create better living conditions for his family.

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
  • 50
    View loans »
    Georgia Loans Fundraising
  • $7,020,400
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Artur to purchase calves and food for them.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2012
Listed
Jul 23, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013