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Asmat
Asmat is 30 years old and from a small village in the Khobi district. She lives with her husband, two children, sister and father. Her father is a watchman and her sister is a baker, and both of them get a monthly income.

The family runs an agricultural business. In particular, they have a horse, 2 milk cows and a calf, whose milk is used in cheese production. Asmat sells cheese locally in an open market at a good price. Besides, Asmat owns 1.2 hectares of land where maize is grown. She is a very hardworking woman and has a rich experience in her business.

Asmat requested a loan for purchasing a milk cow. After purchasing an additional milk cow, she will produce and sell more cheese. It will significantly increase the income of the family and they will be able to improve their living conditions. Asmat awaits your support.

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
  • 62
    View loans »
    Georgia Loans Fundraising
  • $6,854,250
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Asmat to purchase a milk cow.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013