Manana is a fifty-nine-year-old farmer from the village of Kursebi, West Georgia. She lives in the village with her husband Nugzar. Their main source of income, along with Nugzar’s pension, is the family's agricultural business. They have a small dairy farm with four milk cows and two calves. Manana produces traditional Georgian cheese and sells it on the local market. Also, the family is busy with bee-keeping. They have ten beehives with bee-families. They sell the honey they gather on the local market as well. The total average monthly income of the family is 700 Laris per month.
Manana requested credit to expand the bee-keeping business. She will purchase 8 – 10 beehives with bee-families and double the amount of honey they gather and sell. It will increase the income of the family. Manana plans to use the increased income to purchase household goods, in order to 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.