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Gasan
Gasan is 61 years old. He lives in a small village of the Gardabani District with his wife Minaia, their 35-year-old son, their daughter-in-law, and two little grandchildren. His son is a worker in a private company and gets a monthly salary. Gasan runs an agricultural business. He has leased land, where he grows broom. He sells broom in nearby villages. Gasan has the tractor and other agricultural techniques. He offers agricultural service to local farmers by his own tractor and gets service fee for the work.

Gasan requested a loan for purchasing a milk cow. He will produce cheese and sell it in nearby villages. He wants to expand his agricultural business. With increased income he will be able to reinvest in his agricultural business to expand it and make it more profitable. Because of this, the living conditions of his family will improve.

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
  • $7,088,700
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Gasan to purchase milking cows.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2012
Listed
Aug 14, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013