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Bakur
Bakur is 23 years old. He lives in the small village of Ushapati with his wife and father. The family runs an agricultural business. In particular, they have an ox and a pig. Also, Bakur grows nuts and maize on the family-owned land. He sells the harvested products and piglets seasonally. In addition, Bakur works at nut factory and gets a monthly salary.
He is a very hardworking young man and has a great desire to get ahead. Bakur requested a loan to purchase a milk cow. After purchasing a milk cow, he will be able to receive milk. With the received milk, his wife will produce cheese and sell it locally for a good price. This will increase the income of the family. With increased income they will be able to improve their living conditions. Bakur 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

  • $6,100
    Average annual income
  • 38
    View loans »
    Georgia Loans Fundraising
  • $7,802,825
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Bakur to purchase a milk cow.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2013
Listed
Feb 11, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013