Funded

Total loan: $1,250
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Demur

Georgia
Bashi, Georgia / Farming

A loan of $1,250 helped to pay to renovate his tractor.


Demur's story

Demur is sixty-five years old. He lives in Samtredia District. Demur lives alone. He earns a living through his agricultural business. In particular, he has a milk cow. Demur produces and sells on average 20 kg of cheese per month. Also he grows maize on 2 hectares land, one of which is his own and the other one is rented. He sells harvested maize on the local market. Along with the above mentioned Demur owns a tractor. He provides seasonal agricultural services to local farmers and earns 1,500 Laris per year. Demur’s total average monthly income is 800 Laris.

Demur requested credit for to renovate the tractor. After the renovation its capacity will increase and Demur will be able to carry out more orders. Demur’s income will increase. He will purchase additional household goods to improve his living conditions.



Loan details

Loan length:

14 months
Disbursed date: April 12, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 12, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo