Funded

Total loan: $1,225
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Suliko

Georgia
Kutiri, Georgia / Farming

A loan of $1,225 helped to purchase fertilizers and additional vegetables and fruits for sale.


Suliko's story

Suliko is 39 years old. He is married and lives in a small village of Khoni District with his wife, Nargizi, and two children (15 and 16 years old). Both of them study in the local school.

Suliko and Nargizi run an agricultural business. In particular, they have a small dairy farm with five milking cows and three calves. They produce cheese and sell it on the local open market.

They also own a plot of land where they grow maize, tomatoes, and nuts. The family has a truck; they use it for transportation of vegetables and fruits to nearby villages for selling. The total average monthly income of the family is 900 Lari.

Suliko requested a loan for purchasing fertilizers and additional vegetables and fruits for sale. After fertilization and properly done seasonal agricultural work, they hope to get a good harvest.

They will sell the harvested products, together with other vegetables and fruits, in nearby villages. This will increase the income of the family. With increased income, they will be able to finance the studies of their children. Thus, they will be able to create better living conditions for the family.



Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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