Vakhtangi is 68 years old and lives in Kareli district. He is married and has a daughter. Vakhtangi and his wife have been provided with a retirement pension. His daughter works at City Council and gets a monthly salary. Vakhtangi runs an agricultural business; in particular, he has a plot of land where barley, wheat and beans are grown. Vakhtangi works hard during the spring and summer seasons to ensure a good harvest. He sells his agricultural products locally.
Vakhtangi has requested a loan to purchase 4 hectares of agricultural land. With this loan, he will be able to cultivate more land and expand his agricultural business. The family will work hard and after the seasonal work is properly done, they hope to get a good harvest. The harvested products will be sold and the family's income will significantly increase. Vakhtangi and his family members will improve their living conditions.
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.