Total loan: $375
Melauri, , Georgia / Agriculture
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Archil's loan finished fundraising,
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A loan helped To set up a poultry farm and start selling chickens.
Archil is 59 years old, and from the village of Melauri, Samtredia district. He lives with his pensioner father, daughter and wife, who gets a 300 GEL fixed salary. She is the only breadwinner in the family, so accordingly, this family finds it hard to cover even basic needs and lives under poverty. To improve the family's living condition somehow, Archil decided to be involved in an agribusiness and seek credit among local financial institutions, but his attempts was unsuccessful because of his poor living conditions. The startup program, which is a joint initiative between Kiva and Credo, enables the rural poor and inexperienced people to get a loan for starting or re-starting businesses. His application was approved under the framework of this program to get a loan of 800 GEL for purchasing chickens and setting up a poultry farm. He will place them in the old building in the yard, and after they grow, he will sell them at the local market for a good price. Because of Kiva lenders, Archil will get the chance to generate his own income, do his part for the family's welfare, and live in better conditions. He awaits your support and kindness.