Funded

Total loan: $2,000
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George

Georgia
Tskaltubo, Georgia / Manufacturing

A loan of $2,000 helped to purchase cement, sand and armature for re-starting a construction workshop.


George's story

George is 58 years old. He lives in the Tskaltubo District with his wife, Makvala. The family grows 100 nut trees and sells the harvested nuts. Also, Makvala frequently travels to Turkey, where she gets temporary paid jobs. The total average monthly income of the family is 250 Laris per month. They live in poverty.

George owns a workshop for producing railings. He stopped operations at the workshop, as he didn’t have funds for purchasing working materials. Currently he has orders for railings. He requested credit for purchasing armature, sand and cement. George will re-start the operations at the workshop and get additional income. The family will be able to combat their poverty.



Loan details

Loan length:

27 months
Disbursed date: February 24, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: February 24, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo