Funded

Total loan: $1,200
Powered by 40 lenders

Irakli

Georgia
Kutiri, Georgia / Clothing Sales

A loan of $1,200 helped to purchase clothing and household goods for resale.


Irakli's story

Irakli is 26 years old. He lives in village Kutiri, West Georgia with his family: wife (Shorena), 2-year-old daughter, and parents. The primary source of income for the family is a milk cow. Products of the cow are mainly consumed by the family members, but some surplus is sold locally. The family also owns 80 nut trees and sells nuts locally. Total average monthly income of the family is 200 Laris. According to Credo estimations, the family belongs to the subsistence poor category.

Irakli requested credit to start a trade business. He will purchase clothes and various household goods on wholesale markets of the nearby towns, and sell them in his and close villages. The income of the family will significantly increase and Irakli will be able to create better living conditions for his daughter, as well as other family members.



Loan details

Loan length:

27 months
Disbursed date: February 20, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: February 20, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo