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Elchu
Elchu is 60 years old and lives in Bolnisi district. His family consists of four members: his wife, his son, his daughter-in-law and himself. The family is involved in animal husbandry. In particular they have 8 milking cows, 6 calves and 160 sheep. Elchu’s wife milks the cows and produces cheese. The cheese is sold at the local open market. Elchu sells calves and sheep as well. He has 30 years of experience in this business.

Elchu requested a loan to have lung surgery. With this loan he will be able to solve his health problems and develop his farming better. His physical health will help Elchu to expand his cattle-breeding business and make it more profitable. All members of the family will be able to improve their living conditions. Elchu awaits your support.

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
  • 54
    View loans »
    Georgia Loans Fundraising
  • $6,854,250
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,750 helped Elchu to have lung surgery.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2012
Listed
Aug 24, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012