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Konstantine
Konstantine is 34 years old. He lives with his mother in a small village in the Abasha district. His mother is provided with a retirement pension.

Konstantine is involved in agricultural activities. In particular, he has 4 milk cows and 4 calves, whose milk is used in cheese production. His mother produces cheese and sells locally in an open market at a good price. Konstantine also owns agricultural land and sows maize and sells harvested maize locally. Konstantine is a very hard working man and has a rich experience in his business.

Konstantine requested a loan for purchasing building materials for a shed. As the existing shed was destroyed and was too small, he plans to build new one. After building the shed properly, he will be able to expand his dairy farm and increase production of dairy products. This will cause increased income and 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
  • 59
    View loans »
    Georgia Loans Fundraising
  • $7,088,700
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Konstantine to purchase building materials and build a shed.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Dec 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014