Lamzira is a 47-year-old farmer from Martvili District. She lives with her mother (a pensioner). Lamzira earns a living through an agricultural business. She has 2 milk cows. Lamzira milks the cows 2 times a day and collects the milk for cheese production. With the collected milk, Lamzira produces on average 40 kg of cheese per month and sells it on local open market.
Along with the dairy farm, Lamzira is busy with beekeeping. She has 30 beehives with bee colonies. Lamzira harvests honey twice a year and sells it on local market as well. The total average monthly income for the family is 450 Laris, including the monthly pension from Lamzira’s mother.
Lamzira requested credit for the expansion of her beekeeping business. She will purchase 5 more beehives and bee colonies which will increase the amount of gathered honey by approximately 20%. This will have a positive influence on her income and the living conditions of her family. Lamzira plans to make some savings and renovate her house, which is already old and needs some repair to become comfortable for living.
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.