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Nani is 63 years old. She lives in a small village in Zestaponi District with her husband, Zhora. Nani and Zhora earn a living through agriculture. They have a small dairy farm with 2 dairy cows. Nani produces on average 40 kg of cheese and sells it at the local market. Along with the above-mentioned, the family owns 0.7 hectares of land, where vegetables are grown, and a vineyard with 1800 vines. Nani and Zhora sell harvested vegetables and grapes locally to greengrocers (retailers of fruits and vegetables). Also, the family has 5 beehives. Nani sells their harvests in the village. The total average monthly income of the family is 500 Georgian Laris.

With the requested credit, Nani plans to expand the beekeeping business. She will purchase 5 beehives with bee colonies. Nani will harvest on average 100 liters of honey per year and sell it in the village. The total average monthly income of the family will increase by 15%. Nani will reinvest the income increase in the same business in order to expand it and make it more profitable.

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
  • 51
    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 $800 helped Nani to purchase beehives with bee colonies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 27, 2012
Apr 15, 2012
Currency Exchange Loss:
Mar 15, 2013