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Valeri
Valeri is 32 years old from the small village of Kvareli District, Kakheti Region, East Georgia. Valeri has a large family: his wife, parents, 2 brothers, his sister-in-law, and his grandmother. The family is involved in an agricultural business. Specifically, they have 2 milk cows, whose milk is used in cheese production. In addition, they have a 0.5 hectare vineyard and 2 hectares of agricultural land, where watermelons and maize are grown. Besides this, Valeri has a tractor and serves his villagers, which earns him a monthly income. Valeri is very hardworking man and does his best to ensure a good harvest. Valeri requested a loan for cultivating the land. After the land is cultivated properly, he will be able to sow maize and watermelon seeds and sell the harvested products. It will increase the income of the family, and they will improve their living conditions. Valeri 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

  • $6,100
    Average annual income
  • 38
    View loans »
    Georgia Loans Fundraising
  • $7,807,625
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Valeri to cultivate the land and sow maize and watermelon.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 16, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013