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Lia is 51 years old. She is a very dedicated and hard-working woman, as well as a cheerful and dynamic one. She lives with her husband and 27-year-old daughter. They own the house they live in. The family has a grocery store. Lia's business consists of selling soft drinks and sweets of various flavors and brands. Suppliers deliver to her store, and she buys the merchandise from them at wholesale prices before retailing it. She has been in this business for 10 years and is very well-known in the area.

Lia has requested a loan to better stock her store. This money will help her to expand her store and earn more profit. The other part of the credit will be used for house renovation. The existing house is old and damaged. Lia will purchase building materials and repair the house. She 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

  • $6,100
    Average annual income
  • 40
    View loans »
    Georgia Loans Fundraising
  • $8,314,800
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD
A loan of $1,525 helped Lia to purchase more groceries to sell.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 21, 2012
Oct 10, 2012
Currency Exchange Loss:
Nov 9, 2012