Funded

Total loan: $650
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Ana

Georgia
Zestaponi, Georgia / Clothing Sales

A loan of $650 helped to start a trading business with clothing.


Ana's story

Ana, who is a 30-year-old, unemployed woman, lives in Zestaponi district. She lives with her school-aged son and daughter and husband, who works at a private company and generates 400 GEL monthly. Ana married at an early age and wasn’t able to get an education, so she has no university degree, which is one of the main reasons for her unemployment.

Since the existing income is not enough for her four-member family and she can’t find the job, Ana decided to start her own business. After several unsuccessful attempts, Ana applied for the credit to MFO Credo. Her request was approved in the framework of a start-up program, which is a joint initiative with Kiva, permitting the rural poor to start or re-start businesses.

Ana will use the aforementioned loan to start a trading business with clothing. Particularly, she will purchase a stock of clothing at wholesale prices and she will sell the clothes in her community for an increased price.

With support of the start-up program, Ana will get an opportunity to be involved in her own business and tackle with the financial difficulties, as well as to do her bit for the family's welfare. She awaits your support.



Loan details

Loan length:

14 months
Disbursed date: April 8, 2014
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 8, 2014
Facilitated by Field Partner: LLC Micro Finance Organization Credo