Funded

Total loan: $700
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Lina

Georgia
Kutaisi, Georgia / Home Products Sales

A loan of $700 helped to purchase a stock of home products to sell.


Lina's story

Lina is 29-year-old married woman from the city of Kutaisi. She lives with her husband and little child. The only source of family income is her husband's job as an artisan. He gets private orders that monthly generate 400 GEL. Lina is unemployed at the moment and has great desire to start her own activity and do her bit for the welfare of the family. With the requested loan she wants to purchase a stock of home products at wholesale prices and then resell them among her friends and neighbors at a good price. The start-up program, which is a joint initiative between Kiva and Credo, enables rural poor and inexperienced people to get a loan for starting or re-starting businesses. Her application was approved under the framework of this program to get a loan of $700 for purchasing products. With support from the start-up program Lina will have an opportunity to be involved in her own business and tackle the financial difficulties.



Loan details

Loan length:

13 months
Disbursed date: December 29, 2013
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: December 29, 2013
Facilitated by Field Partner: LLC Micro Finance Organization Credo