Dushiko is 49 years old. He lives in a small village of Vani District with his wife Khatuna and their three children (9, 13 and 17 years old). All three, study in the village school. Dushiko is a Director in his village school and Khatuna is a teacher. They receive monthly salaries. In addition to their activities, they are busy with the family agricultural business. They have 2 milking cows and 2 calves. Khatuna milks cows twice a day and produces cheese. They have a pig and sell piglets in nearby villages. In addition to their livestock, they are busy with farming. They own a plot of land, where nuts is grown, and a vineyard. In the fall, they pick grapes and produce wine. Dushiko and Khatuna sell the produced cheese, wine and nuts on the local open market. Total average monthly income of the family is 700 Lari. They work hard but still don’t have enough income to put away some savings for purchasing additional needed household goods or for renovation of the house.
Dushiko plans to open a grocery store in his village. He requested a loan for the store. He has his own building so he will need to repair it and will purchase refrigerators and other necessary equipment for the store. After the store is equipped, he will purchase inventory. There is no similar store in the neighborhood and Dushiko hopes that he will attract customers and will have good sales. Thus, Dushiko will start a new business in order to increase the income of the family. With the increased income, they plan to renovate the house and purchase household techniques. As a result, Dushiko and Khatuna will be able to create better living conditions for their three children. They hope for your help and kindness.
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.