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Archil
Archil is a farmer from the village of Mokhisi. He is 65 years old and lives with his family: his wife, Tinatin, and his grown son. Tinatin works as a teacher at the local school and gets a small monthly salary. Archil runs the family's agricultural business. They have a small dairy farm and Archil's wife sells the dairy products at the local market. Archil and his family also own an agricultural land, where they grow various fruits and vegetables. Selling harvested vegetables is another source of income for the family.

Archil has requested credit to purchase a plot of land. The family will be able to sow more vegetables and produce more harvest, with the consequence that the family's income will increase. Archil plans to reinvest his increased income in the family business in order to make it more profitable.

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
  • 72
    View loans »
    Georgia Loans Fundraising
  • $7,714,400
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Archil to purchase a plot of land.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2012
Listed
Dec 22, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014