Mzia is 38 years old. She lives in a small village of Gardabani District with her 15-year-old son, who goes to the local school.
Mzia is busy with agricultural business. She has a small dairy farm with 2 milk cows and 6 calves. She produces cheese products and sells locally. The total average monthly income of the family is 250 Lari. Mzia works hard to put away some savings and ensure a better future for her son.
Mzia requested a loan to purchase hay to feed the cows during the fall and winter seasons. Hay is cheap now, but the price increases by 30% to 40% in the winter months. By buying now, Mzia can save significantly on the costs of feeding the cows. Because the cows will be fed properly in winter, they will give a planned amount of milk to the family, and the family's income will increase accordingly. Thus, Mzia will be able to increase her agricultural business and improve her family's 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.