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Lura is 51 years old from the Khobi District. He lives with his wife, who works in kindergarten as a teacher and gets a monthly income. The family runs an agricultural business. In particular, they have 2 milk cows and a calf, whose milk is used in cheese production. They sell cheese locally in an open market at a good price. In addition, they have 2 horses and 2 pigs and sell piglets locally. In addition, they have a plot of agricultural land, where maize, nut trees and tangerine-trees are grown.

Lura is a very hard working man and does his best to ensure a good harvest. Lura requested a loan for purchasing building materials. After purchasing building materials they will build a shed, as the existing shed is too small and in poor condition. They will be able to expand the dairy farm and thus sell more dairy products. They will sell dairy production locally and thus increase their income. With increased income they will improve their living condition. Lura 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
  • 52
    View loans »
    Georgia Loans Fundraising
  • $8,643,950
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Iura to purchase building materials and build a shed.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 4, 2012
Dec 12, 2012
Currency Exchange Loss:
Dec 20, 2013