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Lorena
Lorena is 56 years old and comes from a small village of the Gardabani district. She is married and lives with her 32-year-old son, 35-year-old daughter and an infant grandson. Her daughter is a tailor; she gets orders and sews different kinds of dresses and earns money.

Lorena is involved in agricultural activities. In particular, she has a milk cow and hens. She milks the cow and produces dairy products. Lorena sells the dairy products and eggs at local markets at a good price. She requested a loan for purchasing three calves. After purchasing the calves, she will raise them and resell them at a higher price. This will increase the income of the family. With increased income she will make better living conditions for her family members. Lorena 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

  • $4,600
    Average annual income
  • 96
    View loans »
    Georgia Loans Fundraising
  • $7,312,700
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Lorena to purchase calves to raise and resell at higher price.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013