Funded

Total loan: $1,225
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Kakhaber

Georgia
Mashnaari, Georgia / Clothing Sales

A loan of $1,225 helped to purchase clothing for resale.


Kakhaber's story

Kakhaber is 33 years old. He lives in the village of Mashnaari, East Georgia, with his wife Mariam and his mother. Kakhaber and his mother earn a living through trade. Kakhaber’s mother sells greengrocery products at the local market. Kakhaber trades in clothing in a nearby small town. He purchases clothing at wholesale markets and sells it for a higher price. His family's total average monthly income is 900 Laris (GEL). Kakhaber has requested credit to increase the stock in his trade business. He will diversify the assortment of clothing in his store and attract additional customers. This will result in increased sales, as well as increasing the family's income. Kakhaber hopes that with increased income he will be able to make some savings to renovate the family house, as it isn’t renovated and needs some repairs to become comfortable for the family.



Loan details

Loan length:

11 months
Disbursed date: February 28, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: February 28, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo