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Azer
Azer is from the Bolnisi district. He is 25 years old and lives with his wife, mother, and grandmother. His grandmother is a pensioner. The family is involved in the agricultural business. In particular, they have a plot of land where maize and haricots are grown. Azer owns a minibus and runs his own business. His business consists of selling different kinds of vegetables, fruits, and food products. He has been in this business for 5 years and is very well-known in the area.

Azer requested a loan to expand his business by buying a greater variety of products, in particular vegetables and fruits, to stock his store and better satisfy his customers. This purchase will help him to better meet the needs of his customers. This will increase his income. With the increased income, Azer will improve the living conditions of his 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

  • $4,600
    Average annual income
  • 51
    View loans »
    Georgia Loans Fundraising
  • $7,169,700
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Azer to buy a greater variety of products for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Sep 16, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013