Eliko is 65 years old. She lives in a small village of Khashuri District with her family: her husband – Shalva, her son, daughter-in-law and two grandchildren (13 and 16 years old). Both of the children study in the local school. The family earns its living through agricultural business. They have two milking cows, from whose milk they produce cheese. Part of the cheese is used by the family and the rest is sold locally. Also, they have 2 calves and 5 sheep. The family owns 2 hectares of land as well, where they grow maize and haricots. The family is especially busy with the plot during the spring and summer seasons in order to ensure a good harvest in late summer which they sell on the local open market. Their total average monthly income is 1000 Lari.
Eliko requested a loan for her agricultural business. The family plans to repair the cattle-shed, because the existing one is old. After they repair it, they will be able to keep more livestock there. Also, they will make hay from the mowed grass from their agricultural land to feed the cattle instead of buying it at a high price. Due to the above mentioned, the family will be able to get more milk and increase cheese production. As a result of this Kiva loan, the family’s income will increase, which will enable them to improve their living conditions. Eliko hopes for your help and kindness.
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.