Funded

Total loan: $1,225
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Norik


A loan of $1,225 helped to purchase potatoes for sowing on his farm land.


Norik's story

Norik is 52 years old and lives with his wife Narine, a 25-year-old daughter, and 22-year-old son. He lives in Ninotsminda District, Southern part of Georgia. Norik mainly works on renovation projects in his district. Narine works as a milkmaid in a local farm.

Along with their main jobs, the family runs a small scale agricultural business. They grow potatoes on a family owned plot of land. Norik sells harvested potatoes locally to grocery wholesalers. The family's total average monthly income is 800 Laris.

Norik requested a loan to purchase potatoes for sowing. He will purchase a better quality of potatoes than he grew before. Narine and Norik will work hard during the spring and summer to get a good harvest in early summer. They hope to increase income to improve family living conditions.



Loan details

Loan length:

18 months
Disbursed date: March 21, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

18 months
Disbursed date: March 21, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo