Mikheil K. comes from the village of Osiauri, Kartli Region. He is married and has two sons - 19 and 13 years old. His younger son goes to school and the elder one is serving in the army. The main source of income for the family is agriculture. In particular, they own four milk cows and sell cheese on the local open market. Also they have a plot of land with an area of 3 ha, where maize, onions and wheat are grown. Part of the harvested grains and vegetables are sold on the local market.
With the loan received from Credo, Mikheil plans to expand his cattle-shed, as he wants to increase the number of cows in his farm. Besides that, he plans to purchase potato seeds. Once his cattle-shed is larger, he will purchase additional cows and the family’s income from dairy products sales will increase. Also he hopes that they will harvest quality potatoes and sell them at a good price.
Besides being the main source of the income for the family, the dairy farm is a hobby for Micheil. He hopes someday his family will own a big, well developed dairy farm. He works hard to make this hope real.
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.