Nana is 39 years old. She is married and lives in a small village in Khelvachauri District with her family: her husband, Otar and three children (12, 16 and 17 years old). All three children go to the local school. Otar is a taxi driver; he offers taxi services and has acquired extensive experience in this business. Nana runs an agricultural business. Otar helps his wife in the family business. They have 1 hectare of land, where various vegetables and fruits are grown. They also have 7 bee-hives with bee colonies and produces honey and two milking cows. They milk cows twice in a day and produce dairy food: cheese, curds and yogurt. They sell harvested vegetables, fruits, honey and dairy food on the local open market.
Nana requested a loan for her agricultural business. She plans to expand her bee-keeping and decided to purchase additional bee-hives with bee-colonies. With the increased number of bees Nana and Otar will be able to produce more honey. This will increase the sales from their business. As a result of the increased income, they will be able to improve the living conditions of their three children.
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.