Expired

Total loan: $2,425
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Rapael


A loan of $2,425 helped to hire a tractor to mow his agricultural land.


Rapael's story

Rapael is 50 years old. He lives in a small village of Ninotsminda District with his family, wife Marine and their three children (16, 18 and 21 years old). The older child is unemployed and the younger children still go to the school. Rapael and Marine run an agricultural business. They have calves and milking cows and produce cheese. They also own a plot of land where they grow potatoes. They sell the produced cheese and harvested potatoes on the local open market.

Rapael requested a loan to help him mow his agricultural land. He plans to hire a tractor to mow the plot. He will make hay from the moved grass. Part of the hay will be sold for a good price and the rest will be used for feeding his cattle. Thus, Rapael will get additional income. With the increased income, they will be able to expand their agricultural business. Thus, the living conditions of the family will improve.



Loan details

Loan length:

14 months
Disbursed date: July 4, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo
Expired: August 22, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: July 4, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo
Expired: August 22, 2012