Mzia is 50 years old. She lives in a small village of Dmanisi District with her husband Tariel. Mzia and Tariel run an agricultural business. They have 2 milking cows and sell milk in nearby villages. Also, they have 6 sheep and sell lambs. In addition to livestock, they have bee-hives, with bee colonies which produce honey.
They also own a plot of land, where they grow wheat, maize and haricot beans. Mzia and Tariel are especially busy with the plot during spring and summer seasons in order to ensure a good harvest in late summer, which they sell on the local open market. In addition to their agricultural activities Mzia works in the village school as a primary teacher. Total average monthly income of the family is 1000 Lari.
Mzia requested credit for expansion of the dairy farm. She will purchase an additional milk cow, and will be able to produce dairy food, mainly cheese and curds. Mzia will sell additional produce on the local open market, where her products are quite popular among consumers. The income of the family will increase. With increased income they will be able to reinvest in the family agricultural business. Due to the above mentioned, living conditions of the family will improve.
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.