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Armazi
Armazi is from Tkibuli district. He is 64 years old and lives with his wife Nargiza. Nargiza is provided with a retirement pension. The family runs an agricultural business. In particular, they own the garden where nuts and apples are grown. They have a vineyard as well and produce wine. Armazi is involved in the family husbandry business. He has 2 milk cows, 2 calves, 2 oxen and goats. Nargiza produces dairy products. The family sells their agricultural production locally. Armazi works hard, but he still doesn’t have enough income to make some savings and expand his agricultural business.

Armazi requested a loan to fence the garden. He will purchase building materials. The fence will protect nuts from animals and Armazi will be able to harvest more production. This will increase the income of the family. Armazi will reinvest in his agricultural business to expand and make it more profitable. 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

  • $6,100
    Average annual income
  • 32
    View loans »
    Georgia Loans Fundraising
  • $7,796,325
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Armazi to fence the garden.
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:
Dec 20, 2013