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David
David is from the village of Dedalauri, West Georgia. He is 52 years old and lives with his wife, his retired mother and three children. David produces various items out of ceramic materials and sells them at the local open market. Also, he is involved in the family agricultural business. They have three milk cows and produce and sell cheese locally. Besides, David has a pig and sells piglets seasonally.

With the requested loan, David plans to purchase a car. He will use it for transportation of the cheese and ceramic items to nearby towns, where he can sell them for a higher price than locally in the village. This will positively impact the income of the family. David will improve their living conditions with the increased profit. 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
  • 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 David to purchase a car for product transportation.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Jan 16, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014