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Shukuri
Shukuri is from a small village of Martvili district. He is 61 years old and lives with his wife and three children (16, 19 and 21 years old). Two of them are students and the young son goes to the local school. Shukuri runs animal husbandry business - he has 2 milk cows, a calf, and a pig. His wife milks the cows and produces cheese products. He also has a plot of land where nuts, maize and persimmons are grown. Shukuri produces dried persimmons. The family sells their agricultural production at the local open market. In addition, he owns bee-hives with bee colonies and sells honey from the local supermarkets. Shukuri works hard to make some savings and improve the living conditions of the family.

He requested a loan to purchase bee-hives with bee colonies. He will get more honey and plans to sell it in nearby villages. This will increase the income of the family. With the increased profit, he will be able to reinvest in the family agricultural business to expand it and make it more profitable. Taking into account the above mentioned the living conditions of the family will improve.

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
  • 48
    View loans »
    Georgia Loans Fundraising
  • $7,020,400
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,525 helped Shukuri to purchase bee-hives with bee colonies.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Sep 23, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014