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Ekaterine
Ekaterine, 38, is married and lives with her husband, Irakli. Ekaterine and Irakli run their own agricultural business. In particular, they have a milking cow and two pigs. Ekaterine milks the cow every day and produces cheese. The family also owns two greenhouses where tomatoes, greens and maize are grown. They sell vegetables, cheese and piglets at the local market. Irakli has a farm tractor and cultivates plot lands. Ekaterine and Irakli are very hard-working but they still don’t have enough income to make some savings to expand their business.

Ekaterine requested a loan to repair the greenhouse because it is old and damaged. She is asking for a loan to buy building materials. After the greenhouse is repaired, Ekaterine will plant more vegetables there and will sell the harvested product for a good price. With this, the income of the family will significantly increase and both members of the family will be able to improve their 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

  • $4,600
    Average annual income
  • 94
    View loans »
    Georgia Loans Fundraising
  • $7,374,600
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Ekaterine to repair her greenhouse.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 25, 2012
Listed
Aug 18, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013