Update on LianaLiana is 47 years old. She lives in the small village of Bolnisi district with her husband and three children. Her son works as a firemen in their village and earns a monthly income. The family runs an agricultural business as well. In particular, they have three milking cows and a calf. They sell milk locally in an open market at a good price. Besides this, they have 0.6 hectare of land, where they grow maize. Liana rents two hectares of land, where the family sows hay and then sells it locally among the villagers. Each member of the family works to ensure a good harvest. Liana requested a loan to purchase a stock of clothing. She buys clothing from the wholesalers and then sells them in her village. After purchasing the stock, she will be able to sell more clothes. It will increase the income of their family and with increased income, they will improve their living conditions. Liana awaits your support.
Previous Loan DetailsLiana is a farmer from the village Disveli, East Georgia. She is 46 years old, married and lives with her husband, Tariel, and 3 children (24 and 23 year old daughters and a 22 year old son). Tariel works as a fireman in the district. He gets a monthly salary. Liana is leading the agricultural… More from Liana's previous loan »
About LLC Micro Finance Organization CredoLLC 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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