Tea is from the village of Tsilkani in East Georgia. She is 24 years old and lives with her husband, 2-year-old son and mother-in-law, who is a pensioner. The family is involved in an agricultural business. In particular, they have a small dairy farm with two milk cows, whose milk is used in cheese production. The cheese is sold in the capital city. In addition, Tea has a greenhouse where cucumbers are grown. The harvested products are sold in the capital city's open market as well. Tea also works as a worker for a private company and gets a monthly salary.
Tea requested credit for the start-up of a grocery store. She has constructed a small building for the store. It is located near her house. With the requested credit she will purchase grocery products for resale. According to her estimations, her store will work well, as there are no other similar store in the area. Also she will attract clients with quality service and a wide assortment of products. This will increase the income for the family and the 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.