Expired

Total loan: $1,500
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Badri

Georgia
Kutaisi, Georgia / Grocery Store

A loan of $1,500 helped to purchase construction materials for building a store.


Badri's story

Badri, 24, is single and lives with his parents, pensioner grandmother, and married brother with two children. He is a very energetic and enthusiastic young man, working as a cashier operator at the hock-shop. He gets a small monthly income. Badri’s parents work at the local cleaning company for modest wages in return.

Badri wants to generate more income, so he decided to start up a grocery store but found that he didn't have enough money to do so. For this reason, he applied for the credit to MFO Credo, and his loan request was approved under the framework of a startup project. With a loan of 1,500 USD Badri will purchase all the needed building materials to construct a grocery store in his town. After the store is built, Badri’s business partner will purchase basic groceries for starting it up. They will work together and share the received profit. Badri hopes that his business initiative will be lucrative and help his family in covering food and everyday expenses. Badri awaits your generosity.



Loan details

Loan length:

14 months
Disbursed date: August 8, 2013
Facilitated by Field Partner: LLC Micro Finance Organization Credo
Expired: October 11, 2013

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: August 8, 2013
Facilitated by Field Partner: LLC Micro Finance Organization Credo
Expired: October 11, 2013