Funded

Total loan: $925
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Natela


A loan of $925 helped to purchase calves.


Natela's story

Natela is 53 years old. She lives in a small village in Kobuleti District with her husband, Nugzar, and her 30-year-old son. The family members earn their living through agricultural business. They run a dairy farm with four milking cows and five calves. They produce cheese and curds. Part of the milk products is used by the family and the other part is sold locally. Along with the above-mentioned activities, the family owns a plot of the land. The family is especially busy with the plot in spring and summer seasons. They grow maize, potatoes and nuts. During spring and summer months, they perform seasonal agricultural works to get a good harvest in late summer. The family sells the harvested product in the local open market. The total average monthly income of the family is 500 Laris.

Natela requested a loan to purchase calves. She will raise them and after one year will have more cows on the farm. She will get more milk and increase her cheese and curds production. It will increase the income of the family. With the increased profit, she will be able to reinvest in the family agricultural business to expand it and make it more profitable. Taking into account the above-mentioned, the living conditions of the family will improve.



Loan details

Loan length:

14 months
Disbursed date: June 8, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 8, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo