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Chabuki
Chabuki is 45 years old and lives in the Terjola district. He lives with his wife and two children (11 and 16 years old). The family runs a dairy farm of two milk cows, whose milk is used in cheese products. The cheese is sold at the local open market. In addition, Chabuki owns three pigs and sells piglets seasonally. The family has a vineyard as well; they produce wine with the harvested grapes, which they sell locally. Besides his agricultural activities, Chabuki works as a cook at a restaurant and earns a small monthly salary. Chabuki is a hardworking man who is responsible and very well known in the area for his big heart and friendliness with others. Chabuki requested a loan to purchase chicks and start poultry farming. Chabuki will raise chickens and then sell the hens at a good price. He considers his business to be profitable, since it generates a good income that enables him to improve the living conditions of his 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

  • $6,100
    Average annual income
  • 36
    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 $1,825 helped Chabuki to purchase chicks.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 13, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014