Parviz, 40, lives with his wife and 22-year-old son in a small village. Parviz runs an agricultural business; he has 18 calves and owns 0.1 hectare of land where he grows various vegetables, including cucumbers, tomatoes, and haricots (green beans). The family sells harvested products on the local open market. The family's average monthly income is 1100 Lari.
Parviz has requested a loan to purchase feed for his cattle. He wants to raise and sell calves locally after several months. Grown calves will be sold with a price mark-up. The family will get additional income which will enable Parviz to expand his agricultural business and improve 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.