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Valekh
Valekh is 35 years old. He lives in the small village of Bolnisi district with his wife. The family runs an agricultural business. In particular, they have a plot of agricultural land, where potatoes, tomatoes and cucumbers are grown.

They do all the agricultural work: cultivating the land, sowing the seeds and harvesting. The harvested products are sold locally at a good price.

Valekh has a rich experience in his business. He requested a loan for purchasing the seeds of potatoes. After buying the seeds, he will be able to sow and sell the harvested potatoes. It will increase the income of the family. With increased income, they will be able to improve their living conditions. Valekh 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

  • $4,600
    Average annual income
  • 55
    View loans »
    Georgia Loans Fundraising
  • $7,134,975
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Valekh to purchase the seeds of potatoes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 11, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013