A loan of $2,700 helped to start a bakery and a small grocery store.

Emil's story

Emil is a 70-year-old retired man from the Lagodekhi District, East Georgia. He lives with his wife. The only source of income for the couple is their monthly retirement pensions. The family funds hardly cover feeding and daily expenses and that is why Emil decided to start the business. He believes in his enthusiasm and thinks that he is still able to earn a good income. Emil is applying the loan to start up a bakery in his district and bake traditional Georgian bread--shoti. Part of the loan will be used to purchase basic groceries for starting up a small grocery store.

Emil and his wife will work hard and generate income for increasing turnover gradually. Emil is happy for this startup loan that is offered to poor people to improve living conditions in the future.

Loan details

Lenders and lending teams

Loan details