100%

funded

Total loan: $2,200

Maia

Flag of Georgia
Tbilisi, Tbilisi, Georgia / Food

Maia's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to improve her family's living condition and open a bakery.


Maia's story

Maia, is a 48 years old married woman from Tbilisi district. She has an unemployed daughter and husband, who works as a baker, so makes a small income. Maia is a sales lady at the local store and generates 350 GEL per month. However the family lives in poverty and require a more stable income to cover all daily costs. In the region there is a high unemployment rate, but self-employment helps inhabitants to make living.

So she decided to start her own business with the loan, but the local credit providers usually demand experience and some stable income from the borrowers. With the loan of 2200 USD, she will purchase all the equipment and tools and open a traditional Georgian bakery. Her husband has great experience of this kind of work and will make his work more productive and Maia will get the stable source of family-income.

The family's living conditions will significantly improve, and the family will have enough income to access regular credit products available on the country’s capital market, in case of need. Maia and her family members will be very grateful for the financial support for developing their own business.