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Petre
Petre is 62 years old. He lives with his wife in Samtredia district, West Georgia. His wife is provided with a retirement pension. The family runs an agricultural business. Specifically, they have a milk cow and 2 calves, whose milk is used in cheese production. They sell cheese locally in an open market at a good price. Besides that, they have 2 pigs and sell piglets locally. Petre is involved in a poultry raising business. He sells chickens locally. Petre is a very hardworking man and has a wealth of experience in his business. He requested a loan for purchasing feed for the poultry. After buying the feed, he will fatten his poultry properly and sell the birds at a good price. This will significantly increase the income of the family. With increased income, they will improve their living conditions. Petre 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 $1,225 helped Petre to purchase feed for the poultry.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Dec 17, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013