Octavian Serbusca
Status: Paying Back
| $2,675.00 | Loan Amount |
|---|
17% repaid
About the Entrepreneur
| Name: | Octavian Serbusca |
|---|---|
| Location: | Chisinau, Moldova |
| Activity: | Agriculture |
About the Loan
| Loan Amount: | $2,675.00 |
|---|---|
| Loan Use: | To purchase wood and plastic sheeting for a greenhouse |
| Repayment Term: | 25 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 21, 2009 |
| Date Disbursed: | May 13, 2009 |
| Date Funded: | May 22, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Microinvest |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Paused |
| Time On Kiva: | 36 months |
| Kiva Entrepreneurs: | 323 |
| Total Loans: | $370,300 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Moldova |
|---|---|
| Avg Annual Income: | $2,374.00 |
| Currency: | Moldova Lei (MDL) |
| Exchange Rate: | 11.2150 MDL = 1 USD |
This is Octavian and he has run businesses for many years. As a beginning entrepreneur, he wants to increase his stock of goods. Octavian wants to purchase seeds and build a greenhouse for cultivation. Microinvest has granted him a loan to buy the necessary wood and plastic sheeting for the greenhouse. In the future, Octavian would like to increase the number of cattle he owns by borrowing another loan from Microinvest. This will happen after he repays his current loan.
We wish him good luck and hope his business is a success.
We wish him good luck and hope his business is a success.
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Journal entries for Octavian Serbusca
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Loan has been disbursed
Location: Chisinau, Moldova
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Posted by
from Chisinau, Moldova
May 23, 2009 |
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Comment on this entry
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Repayment Schedule for Octavian Serbusca
Repayment Schedule for Octavian Serbusca
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $116.30 | $116.30 |  Repayment Received
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| September 2009 | $116.30 | $116.30 | Repayment Received
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| October 2009 | $116.30 | $116.30 | Repayment Received
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| November 2009 | $116.30 | $116.30 | Repayment Received
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| December 2009 | $116.30 | Available Dec 1 | |||
| January 2010 | $116.30 | Available Jan 1 | |||
| February 2010 | $116.30 | Available Feb 1 | |||
| March 2010 | $116.30 | Available Mar 1 | |||
| April 2010 | $116.30 | Available Apr 1 | |||
| May 2010 | $116.30 | Available May 1 | |||
| June 2010 | $116.30 | Available Jun 1 | |||
| July 2010 | $116.30 | Available Jul 1 | |||
| August 2010 | $116.30 | Available Aug 1 | |||
| September 2010 | $116.30 | Available Sep 1 | |||
| October 2010 | $116.30 | Available Oct 1 | |||
| November 2010 | $116.30 | Available Nov 1 | |||
| December 2010 | $116.30 | Available Dec 1 | |||
| January 2011 | $116.30 | Available Jan 1 | |||
| February 2011 | $116.30 | Available Feb 1 | |||
| March 2011 | $116.30 | Available Mar 1 | |||
| April 2011 | $116.30 | Available Apr 1 | |||
| May 2011 | $116.30 | Available May 1 | |||
| June 2011 | $116.40 | Available Jun 1 | |||
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