Amlet is a 44-year-old farmer from Bolnisi District, East Georgia. He is married and lives with his family: wife, Ailita; a 22-year-old son; and his retired parents.
The family earns a living through agriculture. All family members are involved in the family business. In particular, they have a dairy farm with four milk cows and eight calves. Ailita and her mother-in-law produce cheese and sell it in the village to local dairy-products retailers.
The family owns 1 hectare of land, where cucumbers, tomatoes and haricot are grown. Amlet sells harvested products on the local market. Along with the above-mentioned, Amlet is busy with beekeeping. He has six beehives with bee colonies. Amlet harvests honey twice a year and sells it in the village. The total average monthly income of the family is 1,000 Laris.
Amlet requested credit for purchasing additional calves. He will purchase the calves and grow them for five months. After this period, Amlet will sell grown calves and get the profit, which will be reinvested in the business to expand it and make it more profitable.
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.