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Matsatsa
Matsatsa is from the small village of Tetritskaro district. She is 49 years old, married, and lives with her son, daughter-in-law, and mother-in-law. Her husband works as an electrician for a private company and her mother-in-law is a teacher at the local school. Both of them get monthly incomes. The main source of income for the family is their agricultural business. In particular, they have a calf, a milk cow, and three pigs. Matsatsa milks the cow and produces dairy products. The family runs a small poultry farm as well and has 50 hens. They sell dairy products, piglets, and eggs locally. Matsatsa works hard to make some savings and improve the living conditions for her family.

She requested a loan to purchase cattle. She will buy additional milk cows and be able to sell more dairy products. Matsatsa hopes her business will generate a higher income. This will give her an opportunity to improve her family's living conditions, renovate the house, and purchase a car. She awaits your help and kindness.

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
  • 88
    View loans »
    Georgia Loans Fundraising
  • $7,568,975
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Matsatsa to purchase milk cows so she can produce more dairy products.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Oct 24, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014