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Kakhaber
Kakhaber, 42 years old, lives with his wife and father in Tskaltubo district. His father is provided with a retirement pension, while Kakhaber purchases fruits and vegetables at wholesale prices to resell at higher prices in Tskaltubo district. As well, the family has two cows whose milk is used to produce cheese sold locally at a good price.



Kakhaber has requested a loan to finance some renovation work in his house. When it is complete, the family will enjoy better living conditions and, after hard days of work, will be able to spend evenings in a better, more comfortable home.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Georgia

  • $6,100
    Average annual income
  • 87
    View loans »
    Georgia Loans Fundraising
  • $7,692,575
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Kakhaber to renovate his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Feb 16, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013