Funded

Total loan: $925
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Shalva

Georgia
Tsetskhlauri, Georgia / Fruits & Vegetables

A loan of $925 helped to purchase vegetables for resale.


Shalva's story

Shalva is a 66-year-old farmer from Kobuleti District, West Georgia. He is married. He purchases potatoes, cabbages and different kinds of vegetables from wholesalers once a week and sells them in the local market. This business gives the family approximately 300 Laris per month. Along with the above-mentioned income source, Shalva’s family has a milk cow. They produce cheese and sell it at the local market. In addition, they grow nuts and maize on the family-owned land and do all relevant agricultural work to ensure a good harvest.

With the requested loan, Shalva will purchase stocks of vegetables to expand his trading business and sell them for a profit. That will increase his profit. Shalva plans to reinvest part of the profit in the same business, and the rest will be used in the family.



Loan details

Loan length:

12 months
Disbursed date: January 17, 2013
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: January 17, 2013
Facilitated by Field Partner: LLC Micro Finance Organization Credo