Funded

Total loan: $1,175
Powered by 46 lenders

Nana


A loan of $1,175 helped to purchase a milk cow, start dairy farming and increase her productivity.


Nana's story

Nana is a 38-year-old married woma, from Kakhati village. She has 2 school-aged sons, a daughter and a husband. Sadly, for lack of economic resources and because she had to start working at a very young age, Nana was unable to pursue a professional career.

Nana works hard on family-owned agricultural land, growing nuts and kiwis. She always has high-quality products, which are sold to local retailers for a good price. As the family has only seasonal income, Nana decided to start dairy farming and seek credit among local financial institutions, but her attempts were unsuccessful because of her poor living conditions.

The start-up program, a joint initiative between Kiva and Credo, enables poor and inexperienced rural 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 2,000 GEL for purchasing a milk cow.

After the cow is purchased the family will start producing dairy products such as cheese and yogurt to sell. They also use the milk products for family feeding. She is a very enthusiastic and hardworking person with a great desire to ensure a good education for her children so they may progress in life.

This credit will be a great support for the family. Nana is thankful to Kiva Lenders for giving her a chance to generate income.



Loan details

Loan length:

14 months
Disbursed date: July 15, 2014
Facilitated by Field Partner: LLC Micro Finance Organization Credo

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: July 15, 2014
Facilitated by Field Partner: LLC Micro Finance Organization Credo