Funded

Total loan: $1,225
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David

Georgia
Akhmeta, Georgia / Agriculture

A loan of $1,225 helped to purchase beehives with bee colonies.


David's story

David is 30 years old; he lives in a small village with his family: his wife, parents, brother and sister-in-law. The family earns their living through agricultural business. David has several beehives with bee colonies. He makes ecologically clean honey and sells on the local open market. Total average monthly income of the family is 1200 Lari.

David requested a loan to buy five beehives with bee colonies. Also, he plans to buy 1 hectare of land where he hopes to grow vegetables and fruits. As a result of the above-mentioned investment, the income of the family will increase. He will use the big portion of his increased income for reinvesting in agricultural business - buying more bee-hives. Also, as a result of the increased income, the family will be able to improve their living conditions.



Loan details

Loan length:

14 months
Disbursed date: May 10, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 10, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo