Funded

Total loan: $1,225
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Nana


A loan of $1,225 helped to buy a milk cow.


Nana's story

Nana is 40 years old and lives in the small village of Sagarejo District with her husband, mother-in-law and two children, who are 6 and 8 years old and attend a local school. Her mother-in-law is a pensioner and her husband is a musician who plays drums for local parties and similar events. Nana earns a living by caring for two milk cows, whose output allows her to make cheese every day for sale in the local market. The family's total average monthly income is 900 Lari. Nana and and her husband work hard but are unable to earn enough money to set aside savings to buy household goods they need or to renovate their house.

Nana has requested a loan to buy a new milk cow. With three cows, she will be able to produce and sell more dairy products, such as cheese, curds and yogurt. She will use her increased income to repair her house, which is old and uncomfortable. This will allow her family to rest comfortably after finishing a hard day's work.



Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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