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Lavrenti
Lavrenti is a 57-year-old man. He lives in Melauri village, Samtredia district, with his 54-year-old wife, Nani, and 28-year-old son, Amiran. Amiran is working as an artisan on private orders earning a small monthly salary. The family owns a small plot of agricultural land where they grow different kinds of vegetables. They also have three milk cows and three calves. Lavrenti cultivates the land and harvests vegetables. Nani milks the cows to make cheese. All the products are sold locally at the market and the family makes a small monthly income.

Lavrenti requested a loan to purchase a milk cow so they will be able to make more cheese and sell it locally. This will increase the family profit. Lavrenti plans to use part of the profit to expand their farming and another part to provide better living conditions for 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

  • $4,600
    Average annual income
  • 55
    View loans »
    Georgia Loans Fundraising
  • $7,148,425
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Lavrenti to purchase a milk cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2013
Listed
Mar 16, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014