Demur is sixty-five years old. He lives in Samtredia District. Demur lives alone. He earns a living through his agricultural business. In particular, he has a milk cow. Demur produces and sells on average 20 kg of cheese per month. Also he grows maize on 2 hectares land, one of which is his own and the other one is rented. He sells harvested maize on the local market. Along with the above mentioned Demur owns a tractor. He provides seasonal agricultural services to local farmers and earns 1,500 Laris per year. Demur’s total average monthly income is 800 Laris.
Demur requested credit for to renovate the tractor. After the renovation its capacity will increase and Demur will be able to carry out more orders. Demur’s income will increase. He will purchase additional household goods to improve his 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.