Martiros is from the village of Gorelovka, Ninotsminda District. He is 33 years old and lives in the village with his wife Anaida and three children: two daughters (8 and 5 years old) and a 2-year-old son. Martiros works as a herdsman on the village farm. Anaida works as a milkmaid on the same farm. Along with their job, the family also runs a small dairy farm. They have two milk cows and sell milk to the village farm. The total average monthly income of the family is 800 Laris.
Martiros requests a loan to expand the family's agro-business. In particular, he will buy six piglets and food for them. After the piglets are grown, in four or five months, they will be sold at a higher price. The additional profits earned by the family will help them to 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.