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Ali
Ali is from the Khelvachauri district of West Georgia. He is 47 years old and lives with his wife, 2 children and a daughter-in-law and granddaughter. 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.

Ali 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. Ali is a very hard-working man with a lot of experience in this work. Ali has requested a loan to purchase building materials to build a greenhouse. After the greenhouse is built properly, they will be able to sow green seeds and sell harvested greens locally in an open market. This investment will increase his family's income. With the 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
  • 91
    View loans »
    Georgia Loans Fundraising
  • $7,202,675
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Ali to purchase a greenhouse.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Dec 5, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014