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Beglar
Beglar is from the Keda district of West Georgia. He is fifty years old, and lives with his three children and daughter-in-law. The family earns their living through an agricultural business. More specifically, the family owns a plot of land where different kinds of vegetables and fruits are grown. Additionally, they have a cow whose milk is used in cheese production. Beglar and his family do all of the relevant agricultural work to ensure a good harvest. The harvested products are then sold at the local open market. Beglar is a very hard-working man with a lot of experience in this work. Beglar has requested a loan to purchase beehives with bee colonies. This will enable him to produce ecologically clean honey that he can then sell at the local open market. This investment will increase his family's income. With increased income they will improve their 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

  • $4,600
    Average annual income
  • 51
    View loans »
    Georgia Loans Fundraising
  • $7,169,700
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Beglar to purchase beehives with bee colonies.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014