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David
David is 39 years old and lives in the Gardabani district. He lives with his wife and mother. David’s wife works as a doctor and gets a monthly salary. His mother is provided with a retirement pension. David has a poultry farm and has been in this business for five years. He has 750 hens and takes good care of them. David is a hardworking man who is responsible and very well known in the area for his big heart and friendliness with others.

David requested a loan to purchase 600 chicks and expand his poultry farming. The other part of the loan will be used for chicken feed. David will raise chickens and then sell the hens at a good price. He considers his business to be profitable, since it generates a good income that enables him to improve the living conditions of the 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

  • $6,100
    Average annual income
  • 82
    View loans »
    Georgia Loans Fundraising
  • $7,706,100
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped David to purchase more chicks and poultry feed.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2012
Listed
Aug 23, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013