A loan of $2,500 helped to start up a car wash.

Sergo's story

Sergo, 59 years old, lives in the village of Tserovani with his wife, who takes care of the family, and grown daughter. Sergo has a high school education but works as a driver at the local municipality. His daughter is a technician at the candy factory. Both earn small monthly salaries.

Sergo is a very hardworking person who puts family first, but he is unable to provide them with enough income. He has therefore decided to start his own car wash with the help of a loan that he requested from MFO Credo; the application was approved within the framework of a startup program that enables inexperienced borrowers to begin new businesses.

Sergo owns a commercial space, and with the loan will purchase essential equipment such as a vacuum cleaner, hoses and power washers. He will provide services to local community members and hopes to generate income. The new business initiative will significantly improve the living conditions of his family and give Sergo financial stability. He awaits your support.

Loan details

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Loan details