100%

funded

Total loan: $4,175

Mevludi

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Chumlaki, Kakheti, Georgia / Services

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A loan helped to start up a dinner hall in his district.


Mevludi's story

Mevludi is a 64-year-old married man from the village of Chumlaki, East Georgia. He lives with his wife in his own house. Mevludi’s economic activity is a small-scale grocery store in his district where various food products are sold and there is a pharmacy. Mevludi works hard to run his business successfully but he still doesn’t have enough income to make savings and improve his standard of living. He is very enthusiastic and has good business acumen. He has noticed a high demand for a dinner hall in his district. In response to the local market demand, he has requested credit to finance the costs of purchasing building materials and all the needed inventories for starting a dinner hall. He owns commercial space, and after renovation and furnishing, Mevludi will be able to host wedding parties, birthdays, etc. Local people will pay for using the hall and Mevludi will earn extra money. He hopes this Kiva loan will be helpful for his family.