Parmen is 44 years old and from the small village of Samtredia district. He has a large family: his wife, two children (20 and 21 years old) and parents, who are provided with a retirement pension.
The family runs agricultural business. In particular, they have a milk cow and two calves, whose milk is used in cheese production. They sell cheese locally in an open market at a good price.
Parmen owns a plot of land, where 200 nut trees are grown. He sells about 300 to 400 kg of nuts seasonally. Besides, he has a minibus and trades with fruits. Parmen is very hard working and has a rich experience in his business.
Parmen requested a loan to buy tires and an accumulator for his minibus. The existing tires and accumulator are out of commission and need repair.
After repairing his minibus, Parmen will be able to trade more fruits and thus increase his income. With increased income, he will expand his business and improve the living conditions for the family. Parmen 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.