Funded

Total loan: $1,850
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Stepane

Georgia
Vale, Georgia / Personal Housing Expenses

A loan of $1,850 helped to purchase materials to renovate his house.


Stepane's story

Stepane G. lives in Vale, in the Samtskhe Javakheti district. He is 43 years old and married. Stepane lives with his wife Manana and two sons (17 and 15 years old). Both of them go to school.

Stepane is leading the agricultural farm of the family. They have a 1. 5-hectare plot of land where they grow different types of vegetables, in particular cabbage, cauliflower, beets and some others as well. The harvested vegetables are sold locally. Manana works as a baker in a bakery. Her monthly salary is 250 Georgian Laris.

With the requested loan amount, Stepane and Manana plan to renovate their house because it is old and is in bad condition. The renovation will create better living conditions for the family.



Loan details

Loan length:

17 months
Repayment schedule: Irregularly
Disbursed date: April 8, 2011
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

17 months
Repayment schedule: Irregularly
Disbursed date: April 8, 2011
Facilitated by Field Partner: LLC Micro Finance Organization Credo