Total loan: $1,200


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Najavakho, , Georgia / Manufacturing

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A loan helped to purchase metal materials for his workshop.

Nugzar's story

Nugzar D. lives in the village of Sajavakho, Martvili District. He is 48 years old. Nugzar lives with his mother, sister-in-law and his nephew. Nugzar is a tinsmith by profession. He designs ovens, iron railings, and iron ladders. He sells the products locally as well as in nearby villages. Along with the above-mentioned, Nugzar helps other family members in their dairy farm and vegetable growing. His average monthly income is 600 Laris. With the requested credit, Nugzar plans to purchase iron materials, which will be used to produce ovens and railings. Cost of goods sold per oven is approximately 125 Laris, while the selling price is 300 Laris. Nugzar plans to reinvest the profit in the same business and increase the inventory in his workshop.