Funded

Total loan: $5,000
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Makhgula


A loan of $5,000 helped to purchase a milk cow and cattle.


Makhgula's story

Makhgula is a 62-year-old married woman from the village of Talaveri. She lives with her husband, and both are involved in agricultural activities. Makhgula is extensively engaged in cultivating potatoes and beans. Her husband sells the agricultural products in the local market. This is the main source of the family’s income.

Her agricultural business needs some investments to continue developing in a sustainable way. A loan of USD 5,000 will be a huge support to this hardworking woman and her husband, enabling her to purchase a milk cow and cattle. After the cattle grow, Makhgula will sell them at a good price. She will also increase her daily income with the help of the milk cow. She has now been approved for a loan within the framework of a joint initiative between Kiva and Credo. The start-up program provides loans to people who want to start or re-start businesses. Makhgula will be thankful to all the lenders for helping maintain her agribusiness.



Loan details

Loan length:

23 months
Repayment schedule: Irregularly
Disbursed date: December 31, 2013
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams




Loan details

Loan length:

23 months
Repayment schedule: Irregularly
Disbursed date: December 31, 2013
Facilitated by Field Partner: LLC Micro Finance Organization Credo