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Iveri
Iveri is 44 years old and lives in Khoni district with his family that includes his wife, two children, mother, brother, sister-in-law and niece. His wife sells newspapers locally from which she gets a monthly income. Iveri’s mother is provided with a retirement pension. The main source of income for the family is the agricultural business. Iyeri owns a plot of land, where he grows maize and nuts. Iveri has three greenhouses as well, where he grows tomatoes, greens and cucumbers. He sells all his agricultural products locally. Besides these activities, Iveri runs a small dairy farm. In particular, he has 4 milk cows and 2 calves. The family produces cheese and sells at the local open market.

Iveri is requesting a loan to build an additional greenhouse. He will purchase building materials to expand his greenhouse business. Iveri will sow more vegetables and greens and sell at a good price. This will increase the income of the family. With the increased income, Iveri plans to finance the education of his children and a niece. He 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
  • 47
    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 Iveri to build a greenhouse.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013