Kakha is 33 years old. He recently married and lives with his wife, Nina, in the village of Ruisi in East Georgia.
Kakha and Nina earn an income through the family agricultural business. They have a small dairy farm with two milk cows. Nina produces cheese and sells this product to local dairy retailers, who buy the products from local farmers and then re-sell them in nearby towns for higher prices.
Kakha also grows vegetables such as cabbage, garlic, onions and tomatoes on a family-owned 1.5 hectare of land. Kakha works hard on the plot. Sometimes, especially in the spring when there are many agricultural works to be completed, he hires local workers. Kakha sells his harvest to local green-grocery retailers. Also he has a tractor, which is used for agricultural works. He rents the tractor to neighbor farmers and receives additional income in this way. The total average monthly income of the family is 900 GEL.
Kakha has requested credit to purchase fertilizers and drugs to treat his plants for parasites. Also, he will use a small part of the loan to hire local workers, who will help him execute the abovementioned works.
In the future, Kakha plans to save money so he can invest in agricultural works next year. Additionally, part of the money will be used for his family's needs.
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.