Ghenadie Cucu


Status: Paid Back

$1,875.00   Loan Request
$1,875.00   Paid Back

About the Entrepreneur

Name: Ghenadie Cucu
Location: Balti, Moldova
Activity: Mobile Phones

About the Loan

Loan Amount: $1,875.00
Loan Use: To purchase cell phones and accessories.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Nov 24, 2006
Date Disbursed: Dec 14, 2006
Date Funded:Nov 30, 2006
Loan Ended:Dec 15, 2007

About the Country

Country:Moldova
Avg Annual Income:$2,374.00
Currency:United States Dollars (USD)



Walking through the hectic entranceway of the Balti market, you will always see a line outside of Ghenadie Cucu\'s electronic and cell phone repair store. His store consists of a little booth, where he and his friend have been working for the last three years. They have established a solid reputation for high quality service in repairing cell phones throughout the city. His knowledge on the products is vast, and his advice is valued by many local mobile phone users. Ghenadie is asking for a loan to purchase more cell phones and accessories for his store. He hopes that in the future he will be able to save or take out a larger loan to open up a store where he will be able to sell a wider range of products and offer more services.


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andy
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Journal entries for Ghenadie Cucu


Loan has been disbursed
 
Entrepreneur: Ghenadie Cucu
Location: Balti, Moldova

Thank you for your loan. It has been disbursed to Ghenadie Cucu by Microinvest in Moldova. We are excited to watch this business grow. Over the next 12 - 15 months, Microinvest will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Balti, Moldova
Dec 15, 2006
Comments (1)

Journal update from Balti, Moldova
 
Entrepreneur: Ghenadie Cucu
Location: Balti, Moldova

Ghenadie's business has been booming since his purchase of new cell phones which he bought from the loan which he received from Kiva/Microinvest. He has placed the cellphones in an easily viewable location as seen in the photograph. When I visited his stall in the central market there was a line of 5 people waiting to purchase cell phones or utilize his expertise in repairing broken cellphones. He told me that business is going great and they could handle more clients.


Posted by Ari Weiner from Balti, Moldova
Feb 8, 2007
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Kiva Help Repayment Schedule for Ghenadie Cucu

  Expected Repayments Actual Repayments Comments
March 2007 $156.25 $157.00 Repayment Received
April 2007 $156.25 $0.00 Repayment Received
May 2007 $156.25 $157.00 Repayment Received
June 2007 $156.25 $314.00 Repayment Received
July 2007 $156.25 $0.00 Repayment Received
August 2007 $156.25 $314.00 Repayment Received
September 2007 $156.25 $157.00 Repayment Received
October 2007 $156.25 $157.00 Repayment Received
November 2007 $156.25 $157.00 Repayment Received
December 2007 $156.25 $157.00 Repayment Received
January 2008 $156.25 $157.00 Repayment Received
February 2008 $156.25 $148.00 Repayment Received