They have a family agricultural business. In particular, they have 2 cows and Suliko produces cheese and sells it at the local market. Also, they have a 0.75 hectare of land where maize is grown. Part of the maize is used in the dairy farm for feeding the cows and the remaining 200 kg of maize is sold locally. The family also owns a vineyard with 600 vines. They sell grapes in season. Total average monthly income of the family is 500 Laris, including their pensions.
Suliko requested credit for renovation of the house. Their house was renovated a long time ago and is now in bad condition. After renovation, Suliko and Giorgi will have better living conditions.
About LLC Micro Finance Organization CredoLLC 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 Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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