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Natela
Natela is 56 years old. She is a widow and lives in a small village district of Akhaltsikhe with her family: two sons, a daughter-in law and a grandchild. The family earns money through an agriculture business. In particular, she runs a small dairy farm of 3 calves and 4 milk cows, whose milk is used in dairy products. Besides, the family grows potatoes and haricots on family-owned land. They also have walnut trees and pick walnuts in autumn. Natela sells the agricultural production in the local district.
Natela requested a loan for purchasing a car. The family will use it for sales of their products. With the car, she will be able to move comfortably and easily. This will save the costs related to renting a car and the family's monthly income will increase. She will spend the biggest portion of her income to develop the agricultural business. Natela plans to buy a mini-bus and increase the sales. She 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
  • 48
    View loans »
    Georgia Loans Fundraising
  • $7,020,400
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Natela to purchase a car.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013