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David
David is from the Samtredia district of West Georgia. He is 27 years old and lives with his grandfather, his wife, and their 2-year-old son. His grandfather is provided with a retirement pension. According to government estimations the family falls into the vulnerable poor category, and they get monthly social assistance.

David runs an animal husbandry business; he has 3 milk cows, two calves, and a pig, and sells 10-12 piglets per year. His wife milks the cows and produces cheese products. David sells on average 60 kg of cheese per month. He also has a plot of land where maize is grown. He works hard to save some money and improve the living conditions of the family.

David has requested a loan to build a greenhouse. With this credit, he will purchase the building materials and do the construction. He will sow different kinds of vegetables and greens in the greenhouse to sell at a good price. This will increase the income of the family, which will allow David to expand his agricultural business and build an additional greenhouse. 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
  • 55
    View loans »
    Georgia Loans Fundraising
  • $7,148,425
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped David to build a greenhouse.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013