Irma works hard the entire day. She and her mother-in law head the family's agricultural business, consisting of a milk cow from which Irma produces cheese, selling on average 20 kg per month at the local open market. The family also has a greenhouse, where greens and tomatoes are grown. Harvested products are sold at the market as well. Average total monthly income of the family is 800 Laris, including the pensions of Irma’s mother-in-law, sister-in-law and daughter.
Irma is requesting a loan to start a small poultry business. She will purchase chickens to raise in an old hen house owned by the family. After three months she will begin selling eggs. Also part of the loan will be used for cultivation of the family-owned plot of the land where Irma will sow maize to feed the chickens. The resulting increased income will allow the family to improve their living conditions.
About LLC Micro Finance Organization CredoLLC 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.
50View loans »
Success!! The loan was 100% repaid