A loan of $3,000 helped to renovate his flat, so he can receive rental income.

Mamuka's story

Mamuka, age 30, is from Batumi, the seaside city on the Black Sea coast. Batumi is an important port and commercial center and most of its economy revolves around tourism.

Mamuka is married and has an eight-year-old daughter who goes to the local school. He is employed by a private company, making deliveries. He gets a small salary (approximately USD 240 per month). Mamuka’s wife is involved in a cosmetics-trading business from her house. Her regular customers are women from the local community. The income from this activity is unstable and small, as well. The couple works hard, but their earnings are not enough to cover food and daily expenses.

Mamuka owns a flat in the city center, which is not renovated. That is the reason why he had applied for the credit, to repair it for renting out. With the received credit, Mamuka will purchase all the needed construction materials for the flat's renovation. Afterward, it will be rented out and the family will get additional income to satisfy their daily needs. Mamuka awaits your generosity.

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Loan details