100%

funded

Total loan: $1,700

Imeda

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Tsalaskuri, Kvemo Kartli, Georgia / Agriculture

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A loan helped to purchase 2 dairy cows.


Imeda's story

Imeda is a 46-year-old married man from the village of Tsalaskuri. His mother is on a pension and his wife is unemployed. Imeda earns a living working as a private artisan and earns approximately 350 GEL monthly. The income is hardly enough for Imeda to meet the needs of his family.

He will use the loan to start an agricultural business as another source of income. Imeda has been approved for a loan within the framework of a joint initiative between Kiva and Credo. The start-up loan program provides business start-up loans with soft conditions to informal businesses that do not have access to credit products. Imeda will purchase 2 dairy cows and produce cheese to sell at the local market.

The loan will greatly assist Imeda and he will be able to improve his economic situation and give his family a better life.