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funding gap emerging markets
Georgia

Kakhaber Kintsurashvili

  • Crystal
  • Invest in microfinance
  • + 13 other investors
  • Kakhaber is asking for a loan of EUR 4,050 which enables him to purchase a new truck and improve his transporting activities.

    €4,050
    Amount
    2.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,050
    Interest2.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in -444 minutes on 14 February 2018.

      The project

      Read the information document of the issuer here

      Kakhaber Kintsurashvili is engaged in production of furniture. He owns a furniture plant and a sawing plant. He mostly manufactures chairs, wardrobes, laminated wood and MDF furniture which he sells in various cities across the country. He employs 7 workers. In parallel, the client has two trucks and transports wood. Next to production of furniture, the family is also engaged in agricultural activities.

      With this loan, Kakhaber can purchase a truck which he will use for road works. This will increase his revenue as wel as his income. 

      Local partner Crystal provides this loan with a maturity of 6 months.

      Company nameCrystal
      CEOKakhaber Kintsurashvili
      Founded2007-01-01
      LocationKhoni
      SectorManufacturing / Production
      Turnover€89,537.90
      Employees7

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 1 jobs are created
      • With this investment 2 lives are improved

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      We have already contributed to Kakhaber Kintsurashvili

      Dirk Rentmeester
      Daphne Hes
      + and another
      13
      investors