Expired

Total loan: $3,000
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Gocha


A loan of $3,000 helped to purchase a car and start a taxi business.


Gocha's story

Gocha is a 42-year-old married man from the village of Akhalsheni. He lives with his wife and school-aged son. Gocha's wife is a cook at a private dining-room and monthly generates 350 GEL. Gocha is involved in agricultural activity. He works hard on family-owned agricultural land, growing citrus and vegetables. He always has high quality products, which are sold to local retailers for a good price.

As he has only seasonal income, Gocha decided to start a taxi business and seek credit among local financial institutions. The start-up program, that is joint initiative between Kiva and Credo, enables rural poor and inexperienced people to get a loan for starting or re-starting businesses. His application was approved under the framework of this program to get a loan of 300 USD for purchasing a car to serve local people as a taxi driver. The new business initiative will give Gocha a chance to have financial stability and a monthly income. He awaits your support.



Loan details

Loan length:

26 months
Disbursed date: January 15, 2014
Facilitated by Field Partner: LLC Micro Finance Organization Credo
Expired: February 22, 2014

Lenders and lending teams




Loan details

Loan length:

26 months
Disbursed date: January 15, 2014
Facilitated by Field Partner: LLC Micro Finance Organization Credo
Expired: February 22, 2014