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Badri
Badri lives in the village of Zeindari, Vani district. He is a widower and lives with his son, daughter in-law, and one-year-old grandchild. The total income of the family is 950 Lari per month, which comes from agriculture activities. In particular, he has a vineyard and owns a plot of land, where nut trees and greens are grown. Badri and his son harvest the grapes, nuts and greens to sell locally at the markets and get a monthly income. With the requested loan Badri plans to build a greenhouse, where different kinds of vegetables will be grown seasonally. He already has purchased wood materials, and with the requested amount he will buy polyethylene materials for covering the greenhouse. This will allow Badri to develop his agricultural business, which will be positively reflected in the family income and family living conditions.

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
  • 99
    View loans »
    Georgia Loans Fundraising
  • $7,213,575
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Badri to buy polyethylene materials for covering the greenhouse and vegetable seeds.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2013