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Nukri
Nukri is from a small village in the Khashuri district. He is 25 years old and lives with his wife and two children ( who are 1 and 5 years old). Nukri is involved in the agriculture business. In particular, he owns agricultural land, which he cultivates and where he grows different kinds of vegetables such as: green beans, maize, and potatoes. In addition, Nukri has a small vineyard and picks the grapes in the late summer. He does all relevant agricultural work to insure a good harvest. He sells part of his harvest at the local open market and his family uses the rest. He also has a calf and plans to expand his animal husbandry business. In addition, Nukri works as an artisan and earns a small monthly income. He is a very hard-working person with a great desire to get ahead.

Nukri requested a loan for purchasing a milking cow. He will be able to produce and sell dairy products. He wants to expand his business in order to earn a good profit. With increased profits, he will be able to reinvest in his agricultural business, as well as spend more on his family’s daily needs in order to improve their living conditions.

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
  • 89
    View loans »
    Georgia Loans Fundraising
  • $7,692,575
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Nukri to purchase a milking cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2012
Listed
Sep 30, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013