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Vakhtang
Vakhtang is 36 years old. He lives with his mother, wife, and two sons in the small village of Kareli district. His mother is provided with a retirement pension.

The family runs an agricultural business. In particular, they have two milk cows and two calves, whose milk is used in cheese production. They sell produced cheese locally in an open market at a good price. Vakhtang also owns an agricultural land, where onion and haricot are grown. He sells harvested products locally at a good price.

Vakhtang is very hard working man and has a rich experience in his business. He requested a loan for cultivating the land and purchasing seeds of onion. After the land is cultivated, he will sow seeds and increase the income of the family. With the increased income they will improve their living conditions. Vakhtang 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
  • $7,155,125
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Vakhtang for cultivating his land and purchasing seeds.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2012
Listed
Dec 22, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013