Aghavni is a 50-year-old widow. She lives in the Khvilisi village of Akhaltsikhe district with her 22-year-old son. The only source of income for the family is from agricultural activities. In particular they own a plot of land where they grow potatoes and some vegetables. The harvested products are sold locally at the markets. Aghvani has requested a loan to purchase potatoes for seeding. She will work hard the whole season and hopes that she gets a good harvest. She plans to use the profit for reinvesting in her agricultural business. This loan will help the family to develop their business, earn more income and have better 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.