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Aleks
Aleks is 53 years old. He lives with his mother, wife, and two sons in the small village of Gardabani district. His mother is provided with a retirement pension. The family is involved in agricultural activities. In particular, they have four milk cows, whose milk is used in cheese production. They sell cheese locally in an open market, at a good price.

Aleks is a very hard-working man and has a rich experience in his business. He requested a loan for purchasing feed for the cows. After purchasing the feed, the cows will be fattening properly. This will increase the income of the family. With increased income, they will be able to improve their living conditions. Aleks 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
  • 61
    View loans »
    Georgia Loans Fundraising
  • $6,854,250
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Aleks to purchase feed for the cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 4, 2013
Listed
Jan 18, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014