Vasil is from the Zestaponi district, West Georgia. He is 34 years old and lives with his brother and father who is provided with a retirement pension. Vasil works at the public registry and his brother works for an auditing service. Both of them get monthly salaries. The family is involved in the agricultural business. In particular, they have a vineyard and pick grapes in the late summer. The harvested grapes are used for producing wine and vodka, which are sold at the local open market.
With the received credit, Vasil will purchase pigs. He will place the pigs in a shed located in their yard, raise them and after several months the family will be able to have piglets. This will increase the family's animal husbandry business and their income as well. With the increased income, Vasil 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.