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Mamuka
Mamuka is 44 years old. He lives with his mother, his wife and 3 children in a small village in the Terjola district. The family is involved in agricultural activities. Mamuka also works as an artisan and gets a monthly income, and his mother is provided with a retirement pension.

In particular, they have 2 milk cows, whose milk is used in cheese production. Besides that, they have one hectare of agricultural land, where different kinds of vegetables are grown. They sell the harvested products locally. Mamuka is a very hardworking man and has rich experience in his business.

He requested a loan for purchasing a milk cow. After purchasing an additional cow, they will be able to produce more cheese. This will increase the income of the family. With increased income they will be able to improve their living conditions. 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 Georgia

  • $4,600
    Average annual income
  • 53
    View loans »
    Georgia Loans Fundraising
  • $6,847,800
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Mamuka to purchase a milk cow.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Jan 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014