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Leri
Leri is from Telavi district of Kakheti region. He is 44 years old and lives with his wife, his mother and two children. Leri has a truck and takes wood from the forest. The wood is sold in his local village and nearby villages. The family is involved in agricultural activities. In particular, they grow peaches on family-owned agricultural land.

The weather conditions were unfavorable this year and Leri lost his peach harvest due to a natural disaster. With the requested loan, Leri will purchase fertilizers and chemicals to treat his plants. This investment will increase the quality of the harvested fruit and their potential price as well, raising the family's income. Leri plans to use the increase in income to renovate his house in order to improve 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

  • $6,100
    Average annual income
  • 44
    View loans »
    Georgia Loans Fundraising
  • $7,799,500
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Leri to purchase fertilizers and chemicals.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013