Funded

Total loan: $1,150
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Elene

Georgia
Akhalsopeli, Georgia / Used Clothing

A loan of $1,150 helped to begin selling used clothes.


Elene's story

Elene is 45 years old. She lives with her daughter, Tamta, in a small village in the Kvareli district. Tamta works as a sales officer at a local financial institution and gets a small monthly income. Elene is involved in agricultural activities. In particular, she has a vineyard and a small plot of agricultural land, where she grows nut trees. Elene is a very hardworking woman and does her best to insure a good harvest. She sells the harvested products at local supermarkets.

Elene has decided to start a trading business and has requested a loan. The Start up program, which is a joint initiative of Kiva and Credo, enables her to get a loan of 2,000 GEL. She will use the received credit to purchase used clothes which she will then resell among her villagers. This will increase her income and Elene will be able to improve her family's living conditions.



Loan details

Loan length:

17 months
Disbursed date: March 29, 2014
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams




Loan details

Loan length:

17 months
Disbursed date: March 29, 2014
Facilitated by Field Partner: LLC Micro Finance Organization Credo