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Gela
Gela is 51 years old and lives in the Kareli district with his wife. The family runs an agricultural business. In particular, they own a plot of land where wheat, barley and haricot are grown. Gela also has a vineyard and an apple garden. He does all relevant agricultural work to ensure a good harvest. The family is involved in an animal husbandry business as well. They have two milking cows, ten calves, six pigs and ten piglets. Gela produces cheese and sells it at the local open market. He is a hardworking man who is responsible and very well known in the area for his big heart and friendliness with others.

He has requested a loan to purchase wheat seeds and help cultivate the land. After cultivating the land, he will be able to sow wheat and get an abundant harvest. Part of the harvested wheat will be used by the family and the rest will be sold locally. Gela will work hard, especially in the spring and summer seasons, to get a good harvest. After selling his agricultural productions, Gela will receive planned income and will be able to improve the living conditions of his family.

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
  • 94
    View loans »
    Georgia Loans Fundraising
  • $7,374,600
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Gela to purchase wheat seeds and to cultivate agricultural land.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 3, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2013