Zaza is 26 years old. He is married and has two children – a five-year-old son and a 4-year-old daughter. Zaza lives in the village of Mukhrani, Kartli Region, with his family and his parents.
Zaza has a shop selling household goods. He buys the goods in Tbilisi (capital city) and sells them in his shop in the village.
The received loan will be used to purchase inventory for the shop – goods which are demanded by his customers. According to Zaza’s estimation, this will positively influence Zaza’s income. The main part of the increased income will be reinvested in the business and a small part of it will be expended on the family for various purposes.
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.