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Total loan: $2,325
Jandara, , Georgia / Agriculture
Flag of Georgia
Mushpig's loan finished fundraising,
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A loan helped to buy milk cows and start an agribusiness.
Mushpig, 41, is a married man who lives in Jandara, in the Gardabani district of Georgia. He has a wife, a son and his mother, who gets monthly assistance from the local government. His wife is a housekeeper. To take care of his family's everyday needs, Mushpig is engaged in buying and selling vehicles. He goes to Foti, in West Georgia, purchases cars at low prices and sells them in East Georgia at a good price. From this activity, he generates approximately 500 Georgia lari (GEL) per month. As it becomes harder to make a living from this income only, Mushpig has decided to start an agribusiness. This start-up program, which is a joint initiative between Kiva and Credo, enables the rural poor and inexperienced people to get loans for starting or re-starting businesses. His application was approved under the framework of this program for 4,000 GEL to purchase milk cows. After the cows are purchased, the family will start producing dairy products -- cheese and yogurt -- to sell. They will also use the milk products to feed the family. This new business initiative will give Mushpig a chance to have financial stability and grow his monthly income.