Shamil is 22 years old. He lives in Kvareli District, East Georgia with his wife, Raisata, parents and elder sister. Shamil and Raisata married a couple of months ago. All the family members are involved in the family agricultural business. They have a sheep farm with 40 sheep. Shamil’s parents produce cheese from the sheep, which is quite expensive on the Georgian market. They sell it on the local open market. In addition, the family sells lambs. Along with the above-mentioned, the family has five greenhouses where they grow cucumbers during the entire year. Shamil sells the harvested cucumbers on the local open market. The total average income of the family is 700 Laris per month.
Shamil requested a loan for renting a tractor to till the family-owned land, which isn’t used at the moment for agricultural activities. Shamil will also purchase fertilizers and maize for sowing. The family members work hard in the cornfield to get the harvest. In late summer, the family will get the harvest and sell it on the local open market. Their income will increase and allow the family members 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.