David is from the village of Atskvita in the southern part of the country. He is 45 years old, married, and lives with his wife Tiniko and his 75-year-old father. David runs the family's agricultural activities. They have a plot of land where they grow potatoes and raise milk cows for producing cheese. The potatoes and cheese are sold in a grocery store Tiniko runs. She purchases grocery products in nearby towns at wholesale prices and sells them in the family's store in their village. The family's total average monthly income is 700 laris, including David’s father's monthly pension.
David has requested a loan to increase the store's stocks. A larger variety of products will attract additional clients to the store, and sales will increase, therefore increasing the family's income. David and Tiniko plan to use the additional revenue to renovate their house, which is old and in bad condition.
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.