Vazha is 43 years old; he lives in a small village with his family: his wife who is a teacher in the local school and his 21-year-old daughter who is a student. The family earns their living through agricultural business. In particular Vazha has 2 hectare of land where he grows corn and grapes. He has his own mini-bus and along with the agriculture, he provides transportation services to the local population. Vazha is busy during the whole day. He works hard to earn income for living. The total average monthly income of the family is 900 Lari.
Vazha requested a loan for his agricultural business. With this loan he will be able to cultivate the family-owned land and sow corn. He will work hard, especially in spring and summer seasons to get a good harvest. After selling the corn, the family will get planned income and Vazha will be able to continue financing the eduction of his daughter.
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.