A loan of $2,125 helped to purchase a minibus.

Manana's story

Manana is a 43-year-old farmer from the village of Abanoeti. She is married and lives with her husband and two school-age children. Manana grows walnuts and grapes on the family-owned agricultural land. The harvest is sold at the local open market. In addition, the family breeds pig and produces ham to sell.

Manana’s husband works as a diesel generator specialist and gets a small monthly income. Their existing revenues are hardly enough for food and everyday costs. That is why the family decided to start their own business. Manana applied for credit from MFO Credo. Her request was approved in the framework of a start-up program, which is a joint initiative with Kiva. This program enables the vulnerable poor to start or restart businesses.

A loan of 3,500 GEL will help her to purchase a minibus. Once the minibus is purchased, her husband will work on the minibus and transport the passengers from one district to another. This business initiative will generate an income. With the increased income, the family members will improve their standard of living.

Loan details

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Loan details