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Maguli
Maguli is from the Terjola district of West Georgia. She is 66 years old, a widow and lives with her son, daughter-in-law and a grandson.

Maguli is provided with a retirement pension. She owns a small grocery store, selling soft drinks, juices, cheese, dairy products, detergents and snacks. Maguli runs a small dairy business and has a milk cow. She milks the cow and produces dairy products. The family also has a vineyard and an agricultural land, which is cultivated and different kinds of vegetables are grown. They sell their agricultural products in the nearby villages.

Maguli requested a loan to brick the balcony. She will purchase building materials and expand her house. Then, the living conditions of the family will be improved, and they will be able to spend their evenings after a hard working day in a more comfortable environment. Maguli hopes for your help and kindness.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Georgia

  • $4,600
    Average annual income
  • 55
    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 $925 helped Maguli to brick the balcony.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2013