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Iagub
Iagub is from the village of Dmanisi. He is 47 years old and lives with his wife, who is mother to their two grown children. The family earns their living through an agricultural business. They are involved in an animal husbandry business and have a milk cow, whose milk is used in cheese products. Besides that business, Iagub grows haricot and maize on the family-owned land. The family does all relevant agricultural works to ensure a good harvest. Iagub is very hard-working person, with rich experience in his work.

Iagub has requested a loan to purchase another milk cow. He will be able to produce and sell more cheese. In this way, 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. He will also be able to spend more on the family’s daily needs and the family's living conditions will be improved.

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
  • 72
    View loans »
    Georgia Loans Fundraising
  • $6,854,275
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Iagub to purchase a milk cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Oct 27, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013