Beglar is a 41 year old farmer from Adigeni District. He is married and lives in the village with his family: his wife, Guliko and four children (19, 18, 17 and 14 years old). The younger children go to school and the elder daughter helps her mother in the household. The family earns their living through agriculture. They have a milking cow. Guliko produces cheese and sells it in the village. Along with the above-mentioned business activities, the family owns a small plot of the land where maize, potatoes and haricot are grown. Beglar sells harvested products on the local open market. Although the family works hard in the family farm, they still live in poverty and receive relevant social assistance from the government. Total average monthly income for the family is 450 Laris, including the social assistance.
Beglar requested credit for the construction of a cattle-shed. In the future, Beglar plans to keep more cows on the family farm, but the existing cattle-shed is very small and old. In a new building he will be able to keep 5-6 cows. With increased amount of cows, the family will be able to produce and sell more cheese and increase the income of the family.
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.