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Akhmed
Akhmed is 60 years old. He lives with his wife in a small village in Marneuli district. The family runs an agricultural business. In particular, they have a vineyard and a hectare of agricultural land where they grow maize. Akhmed sells harvested maize with vine in the open market locally at a good price. In addition, Akhmed has a greenhouse where he grows tomatoes. He sells harvested tomatoes locally.

Akhmed is a very hard-working man and does all the necessary work to ensure a good harvest. He requested a loan for purchasing tomato seeds and wood for fuel to heat his greenhouse. After purchasing wood, the greenhouse will be heated properly and he will buy seeds and sow tomatoes. This will increase his family's income. With the increased income, he will be able to improve the living conditions of his family. Akhmed 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
  • 42
    View loans »
    Georgia Loans Fundraising
  • $7,020,400
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Akhmed to purchase tomato seeds and wood for fuel to heat his greenhouse.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 17, 2012
Listed
Dec 19, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013