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Matiko
Matiko is 24 years old and is from the small village in the Gardabani district. She lives with her husband and parents. Her husband works as an artisan and gets a monthly income. The family is involved in an agricultural business. In particular, they have 3 milk cows, whose milk is used in dairy production.

Matiko sells dairy products locally in an open market at a good price. She is very a hard-working young woman and has a rich experience in her business. Matiko requested a loan to purchase feed for her cattle. After purchasing the feed, the cattle can be fattened properly and this will increase their milk production and thus sales. With increased income they will be able to improve their living conditions. Matiko 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
  • 113
    View loans »
    Georgia Loans Fundraising
  • $7,351,275
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Matiko buy cattle feed.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2012
Listed
Jan 17, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014