Funded

Total loan: $1,825
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Malkhaz

Georgia
Naesakovo, Georgia / Farming

A loan of $1,825 helped to purchase a plot of land.


Malkhaz's story

Malkhaz is 54 years old and lives in Abasha district with his family: his wife and 2 grown daughters. One of his daughters works as a shop assistant and gets a monthly salary. The main source of family income is the agricultural business. Malkhaz owns 4 milk cows, a calf and a pig. The family produces and sells dairy products locally. Besides these activities, Malkhaz cultivates a plot of land, where maize is grown. Malkhaz sells maize at the local market.

In addition, he is a tractor driver and provides seasonal agricultural services to local farmers, earning a fee for the work. Malkhaz is a very hard-working man, with rich experience in his work. He has requested a loan to purchase a plot of land. He will sow maize and harvest and sell it at a good price. This will increase his family's income. With the increased income, Malkhaz will have an opportunity to improve his family's living conditions and insure a better future for them.



Loan details

Loan length:

16 months
Disbursed date: August 13, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

16 months
Disbursed date: August 13, 2012
Facilitated by Field Partner: LLC Micro Finance Organization Credo