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Mindia
Mindia is from Kareli district of East Georgia. He is 37 years old, married and a father of four children. The family earns their living through an agricultural business. In particular, they run a small dairy farm of six calves and two milk cows, whose milk is used in cheese products. Besides this, Mindia owns 0.8 hectare of agricultural land, where potatoes, haricots and nuts are grown.

He does all the relevant agricultural works to ensure a good harvest. The harvested products, as well as cheese, are sold at the local open market. Mindia works hard to make some savings and improve the living conditions for his family.

He requested a loan to purchase calves. Mindia will raise them and, after several months, the family will be able to receive more milk. This will give them an opportunity to produce more cheese and increase sales. Mindia will use the received profit for financing the education of his children and improving the family’s 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

  • $4,600
    Average annual income
  • 107
    View loans »
    Georgia Loans Fundraising
  • $7,325,800
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Mindia to purchase calves.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Nov 4, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013