Funded

Total loan: $1,225
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Elene

Georgia
Gurjaani, Georgia / Agriculture

A loan of $1,225 helped to purchase a horse and calves.


Elene's story

Elene is a 42-year-old married woman. She lives with her husband, two children, daughter-in-law, granddaughter and mother-in-law in the Gurjaani district, eastern Georgia. Her mother-in-law is provided with a retirement pension. The family has a vineyard and they produce wine to sell. In addition, Elene trades clothing. She requested a loan for purchasing a horse and calves. The startup program, which is a joint initiative between Kiva and LLC Micro Finance Organization Credo, enables her to get a loan of 2000 Georgian lari (GEL). With the received credit she will purchase a horse and calves. Her husband will go to the local forest and transport wood by the horse to sell in winter times. She will raise the calves and start producing dairy products. The Start Up program will be a great support for the family to increase their income.



Loan details

Loan length:

15 months
Disbursed date: August 31, 2013
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: August 31, 2013
Facilitated by Field Partner: LLC Micro Finance Organization Credo