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Nana
Nana is from the Tskaltubo district of West Georgia. She is 46 years old and lives with her husband, son, and parents-in-law. Her parents-in-law have a retirement pension. The family’s economic activities are two greenhouses where cucumbers and different kinds of greens are grown. Nana does all the relevant seasonal work to ensure a good harvest. In addition, she runs a small dairy farm and has 4 milk cows whose milk is used for cheese production. Her agricultural and dairy production is sold at the local open market.

Nana works hard to generate some savings and expand her agricultural business. She requested a loan to purchase organic fertilizers for her greenhouses. The loan will help her to provide financially for her needs. After fertilization and the appropriate agricultural work, Nana will have a good-quality harvest and sell it for a good price, increasing her family's income. The increased income will be reinvested in her agricultural business to expand and make it more profitable.

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
  • 40
    View loans »
    Georgia Loans Fundraising
  • $7,796,600
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Nana to purchase organic fertilizers for her greenhouses.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013