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Akaki, 28 years old, lives with his parents in Khoni district, West Georgia. His father receives a retirement pension, and the family runs an agricultural business comprised of three milk cows, two buffalo, five pigs and six bee colonies. His mother produces cheese which she sells at a good price in a local open market. As well, they have a 0.7 hectare plot of land upon which they grow maize and haricots, both also sold locally.

Akaki is a very hardworking man who does all the work connected with the honey business, selling the product locally at a good price. He has requested a loan to purchase beehives in order to expand the business. The resulting increased income will improve the family's living conditions. Akaki 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

  • $6,100
    Average annual income
  • 36
    View loans »
    Georgia Loans Fundraising
  • $7,802,825
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Akaki to purchase beehives.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Nov 30, 2012
Dec 18, 2012
Currency Exchange Loss:
Jan 18, 2014