Mania is 51 years old. She lives in a small village in Kvareli District with her mother. Her mother is a pensioner. Mania runs an agricultural business. She has 6 pigs and sells piglets in nearby villages. She also has 1.5 hectares of land where maize is grown. She works hard during the spring and summer seasons to get a good harvest. The total average monthly income of the family is 500 Lari.
Mania requested a loan to build a cattle shed. She will purchase construction materials and pay for the workers who will build the shed. Mania will purchase pigs and grow them. With the increased number of pigs she will be able to sell more piglets. As a result of the above-mentioned investment, the monthly profit of the family will increase. Mania will use the increase in income for repairing the house. Thus, the living conditions of the family will be improved and they will be able to spend their evenings after a hard work day in a more comfortable environment.
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.