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Lasha
Lasha is from Kharagauli District, West Georgia. He is 29 years old and lives with his wife, parents, and three children. He works as a joiner locally and gets a small monthly income. The family is involved in the agricultural business. Specifically, they have a small dairy farm consisting of a calf and four milk cows, whose milk is used for cheese production. In addition, they grow different kinds of vegetables on the family-owned land. Part of the harvested production is sold at the local open market, and the rest is used for family needs. He runs an animal husbandry business as well and has 5 pigs. Lasha works hard, but the family still doesn’t have enough income for some savings and to improve their living conditions. According to government estimations, the family belongs to the vulnerable poor category and they get monthly social assistance.

With the received credit, Lasha will purchase pigs. He will place the pigs in a shed located in their yard, raise them, and after several months the family will be able to have piglets. This will increase the family's animal husbandry business and their income as well. With the increased income, Lasha 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

  • $6,100
    Average annual income
  • 37
    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 $625 helped Lasha to purchase pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014