Zaliko is 49 years old. He lives in a village nearby Tbilisi, the capital city of the country. Zaliko lives with his family: his wife – Lali, two daughters (25 and 20 years old), and an 18-year-old son. Zaliko and his daughters work as nurses in a local hospital. They get a monthly salary. Along with the above-mentioned Zaliko is actively involved in family agricultural business. They have a small dairy farm with 2 cows and 2 milk cows. Lali produces and sells on average 40 kg of cheese to retailers.
Zaliko requested credit for expansion of the dairy farm. He will purchase additional an milk cow and the family will get 50% more dairy products. Zaliko plans to reinvest received profit in the same business, in order to expand it and make more profitable.
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.