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Bessarion is 36 years old. He lives in a village in the Kareli District, East Georgia with his family: his wife, Liana; his three children (14, 12 and 10 years old) and his mother (who is retired). The family earns a living through agriculture. They have a 1.5-hectare plot of land, where they grow cabbage, tomatoes, garlic, plums and nuts. Bessarion and Liana work hard on their plot and sell harvested products at the local market. In spite of their hard work, the family lives below the poverty line and receives social assistance from the government. The total average monthly income of the family, including social assistance, is 650 Laris.

Bessarion requested credit for financing their seasonal agricultural work. In particular, he will rent a tractor to till the land; purchase vegetable seeds, fertilizers and pesticides. Bessarion hopes that the weather conditions will be favorable as well. The family hopes that it will reap a good harvest, which will be sold for a good price. Bessarion and Liana will use the income to pay for the family's daily expenses, as well as reinvesting in the family farm for future.

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
  • 50
    View loans »
    Georgia Loans Fundraising
  • $8,643,950
    Funds lent in using Kiva
  • 1.6
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Bessarion to pay for land tilling services, purchase fertilizers and pesticides to protect his plants from parasites.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 12, 2012
Mar 28, 2012
Currency Exchange Loss:
Mar 15, 2013