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Telman
Telman, 46, lives with his wife and twenty-three-year-old son in a small village in the Marneuli district. He is a hardworking person with a great deal of agricultural experience. Telman and his family earn their living through agricultural business. Within their greenhouse they grow different kinds of greens, tomatoes and onions. He sells his products at the local open market. Additionally, Telman’s son works as a welder and earns a monthly income.
Telman is applying for a 1000 GEL loan through LLC to repair their second greenhouse. He must buy iron materials to fix the framework. When the greenhouse is repaired, it will retain the warmth needed, and the family will harvest more produce and as a result, their income will increase.
Telman plans to use the increased profits to expand their business and improve the family’s 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
  • 45
    View loans »
    Georgia Loans Fundraising
  • $7,020,400
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Telman to repair his greenhouse.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Jan 18, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013