Expired

Total loan: $1,800
Powered by 22 lenders

Beka

Georgia
Tbilisi, Georgia / Retail

A loan of $1,800 helped to purchase more cars for resale.


Beka's story

Beka is 23 years old, single, and lives in Tbilisi city with his parents and brother. Beka’s brother is unemployed at the moment. His father runs a small factory, producing tiles. Beka is involved in his newly started business of importing cars. He buys cars abroad and sells them in Georgia for a profit. Beka plans now to continue to work on his business and to make it grow. He applied for the credit to MFO Credo. His request was approved in the framework of a start-up program, which is a joint initiative with Kiva, permitting the rural poor to start or restart businesses. A loan of 1800 USD will help Beka to purchase more cars to resell for a profit. He hopes that his business will be profitable. With this financial support Beka will expand his car import business and have more working capital. He promises to make his repayments on time.



Loan details

Loan length:

14 months
Disbursed date: August 7, 2013
Facilitated by Field Partner: LLC Micro Finance Organization Credo
Expired: October 7, 2013

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: August 7, 2013
Facilitated by Field Partner: LLC Micro Finance Organization Credo
Expired: October 7, 2013