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Vasil
Vasil is 46 years old. He lives in a small village of the Zestaponi district with his wife and 20-year-old daughter. The family runs an agricultural business. In particular, they have a pig, two milk cows, and a calf. In addition to this, they have 0.7 hectare of agricultural land, where 70 nut trees and 1,000 samples of vine are grown. They sell the harvested products locally in an open market and at a good price. Vasil is a very hard-working man and does his best to ensure a good harvest. He requested a loan for renovating his house, since their house is too old and is in a bad condition. After the renovations, their living conditions will improve. He 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Georgia

  • $4,600
    Average annual income
  • 72
    View loans »
    Georgia Loans Fundraising
  • $6,859,275
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Vasil to renovate his house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014