Ilkin is a 24-year-old man living in Parizi village, Bolnisi district with his parents. The family owns a plot of agricultural land where they grow potatoes. They also have four milk cows and four calves. The cows are milked every day to make dairy products which are sold locally at the markets. They also sell calves after they are grown. Ilkin is a very hardworking man and he has been in the agricultural business for six years already.
He requested loan to purchase more calves. After the calves are grown he plans to sell them at a higher price and gain profit. The profit will be reinvested in the same business and it will increase the income of the family. Ilkin will be able to develop his farming and the increased income will give the family a chance to 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.