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Gia
Gia is a 40-year-old man from Kvareli District, East Georgia. He is married and lives with his wife, retired parents, and two children, who go to the local school.

Gia trades fruits and vegetables. He purchases products from wholesalers once a week and sells them in the local market. Along with the above-mentioned income source, Gia’s wife works at the wine factory and gets a monthly salary. All the family members work hard to make some savings and improve the living conditions of the family.

With the requested loan, Gia will purchase stocks of vegetables and fruits to expand his trading business and sell them for a profit. That will increase his profit. Gia plans to reinvest part of the profit in the same business and the rest will be used in the family.

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
  • $6,854,250
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Gia to purchase fruits and vegetables for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Jan 21, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014