Khvicha is 46 years old and lives in Kareli district. He is married and has two children (14 and 15 years old) who live with him as does his mother. His children go to the local school. Khvicha’s mother is a pensioner. His wife works as a nurse at the local kindergarten and gets a monthly salary. Khvicha is involved in an animal husbandry business and has two milk cows and four pigs. The family produces cheese and sells it to cheese retailers. They sell pork as well. In addition, Khvicha owns an apple garden and a plot of land where tomatoes, potatoes, garlic, onions, haricots, wheat and barley are grown. He sells his agricultural production at the local markets. Besides his business, Khvicha has a minibus and transports local people to the capital city.
He requested a loan to purchase a minibus license allowing him to transport passengers on a regular route. The existing route isn’t his private property and Khvicha pays a fee to serve passengers. With this loan he will be able to economize his finances and increase his income. He also plans to pay a water irrigator tax. Khvicha will reinvest the increased income in his agricultural business and will be able to expand it. He awaits your support.
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.