Badri is from the village of Kvashta, in mountainous Adjara, West Georgia. He is 35 years old and lives with his family: his wife Sophia, his 2-year-old daughter, his father, and his brother. Sophia and his father work as teachers at the village school. Badri runs the family's agricultural business, which is their main source of income. He has a fish dam at his house and sells fish at the local market. The family also has a 0.3 hectare plot of land, where they grow fruits and vegetables that they sell to local greengrocers. The family's total average monthly income is 800 Georgian laris (GEL).
Badri has noticed that there is high demand for fish in the market. In response to the local market demand, he has requested credit to finance the costs of constructing a second dam, which he will build in his garden. With the additional dam, Badri will be able to sell twice the amount of fish, which will significantly increase the family's income, enabling them to increase their spending on household goods and thus improve their living conditions.
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.