A loan of $1,000 helped to renovate the old bakery in his yard and buy firewood and flour.

George's story

George is applying for a loan to start up a bakery in his village and bake traditional Georgian bread: shoti. He is a 27-year-old, married and lives with his underage brother, mother and wife. The only one who earns money in the household is George’s mother, who works as a nurse and takes care of old people. Her monthly salary is nearly $120. The family gets small-sized social assistance, as they live below the poverty line.

In order to generate income, George decided to start this business. He estimates his business will be lucrative, as there is high demand for bread in his village, and he has the proper experience in baking.

With the received credit, George will renovate the old bakery located in his yard and purchase firewood and flour. George is happy for this startup loan that is offered to poor people for improving their living conditions in the future.

Loan details

Lenders and lending teams

Loan details