Davit is from the village Vachnadziani, Kakheti Region, East Georgia. He is 37 years old, married and lives with his family: wife – Tea, two daughters (16 and 9 years old) and 62-year-old mother. Both children go to school.
Davit is the only income provider in the family. He is leading the agricultural business of the family. They grow strawberries and peaches on a family-owned 0.5 hectare plot of the land. Fruits are sold by Davit. Along with the farming activities, Davit is busy with trade as well. He has a minibus and uses it for transportation and sales of greengroceries. The total average monthly income of the family is 900 Laris (approximately 540 USD).
Davit requested credit to increase his stock in trade. He will purchase more greengrocery products for resale. With a wider assortment, he will attract new clients and increase revenue from sales. Davit plans to save the additional income for his elder daughter’s education as she is entering a high-school next year.
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.