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Knarik
Knarik is 64 years old. She lives in Ninotsminda district with her 68-year-old husband, two sons, retired mother in-law, daughter in-law and an infant grandchild. The family has two milk cows and a pig farm. Pigs are sold as meat. Knarik milks the cows to make dairy products, which she sells locally in the markets. In addition, Knarik’s older son is a seller in a cloth shop, and he receives a small monthly salary. Knarik has applied for a loan to buy food for her pigs. She will feed the pigs better, which will make them grow bigger. Bigger pigs will be sold for higher prices, and Knarik will make more profit. The increased income will help her big family to have better 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

  • $6,100
    Average annual income
  • 79
    View loans »
    Georgia Loans Fundraising
  • $7,710,500
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Knarik to buy food for her pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014