Basti is from the village of Mughanlo, East Georgia. She is 52 years old. Basti is a widow. She lives alone in her house. The only source of income for her is a small mixed-goods store in the village. She is the owner of the store and works as a saleslady as well. She purchases grocery products, as well as other goods, at wholesale markets in nearby towns and sells them in the store. Her total average monthly income from the store is 650 Laris.
Basti requested credit to increase her stock in trade in the store. She will diversify the assortment of products and attract new customers. The sales of the store will increase and Basti will get more profit. She will use the increased profit to improve her 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.