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Manana
Manana is 39 years old and is from a small village of Akhmeta district. She lives with her daughter and brother. Her brother is an artisan and works locally and gets a monthly income. Manana is involved in an agricultural business. In particular, she has eight piglets and is going to raise them and sell them in the winter period at a good price. In addition, Manana owns a vineyard and produces wine and vodka, which is sold locally in an open market.

Manana works hard and does her best for the family. She wants to make some improvements and repairs to her old house, but the amount of money she has isn’t enough, so she is requesting a loan to cover the costs of repairing the house such as changing windows, painting, etc. Taking this loan will create for Manana and her family suitable home conditions and enable them to enjoy living in their house.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Georgia

  • $4,600
    Average annual income
  • 60
    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 $1,275 helped Manana to repair the old house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014