Ion Gutu


Status: Paying Back

$2,750.00   Loan Amount
26% repaid

About the Entrepreneur

Name: Ion Gutu
Location: Edinet, Moldova
Activity: Agriculture

About the Loan

Loan Amount: $2,750.00
Loan Use: To purchase wood and film for greenhouse construction.
Repayment Term: 25 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 1, 2009
Date Disbursed: Mar 26, 2009
Date Funded:Apr 5, 2009

About the Country

Country:Moldova
Avg Annual Income:$2,374.00
Currency:Moldova Lei (MDL)
Exchange Rate:10.9700 MDL = 1 USD



Ion, a farmer in Gordinesti Village, Edinet District, has worked in agriculture since childhood, having learned the profession from his father, who was also a farmer. Ion has two children, both students who want to attain higher educations. To achieve this goal, Ion is ready to do anything, and has thus decided to start up a business in agriculture that will enable him to sell vegetables and fruit year around. For this he needs to build two greenhouses at home and is thus requesting a loan to launch the business.



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Journal entries for Ion Gutu


Loan has been disbursed
 
Entrepreneur: Ion Gutu
Location: Edinet, Moldova

Thank you for your loan. It has been disbursed to Ion Gutu by Microinvest in Moldova. We are excited to watch this business grow. Over the 23 months of this loan, Microinvest will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Edinet, Moldova
Apr 6, 2009
Comment on this entry

Kiva Help Repayment Schedule for Ion Gutu

  Expected Repayments Actual Repayments Comments
June 2009 $119.57 $119.56 Repayment Received
July 2009 $119.57 $119.57 Repayment Received
August 2009 $119.57 $119.57 Repayment Received
September 2009 $119.57 $119.58 Repayment Received
October 2009 $119.57 $119.57 Repayment Received
November 2009 $119.57 $119.57 Repayment Received
December 2009 $119.57 Available Dec 1  
January 2010 $119.57 Available Jan 1  
February 2010 $119.57 Available Feb 1  
March 2010 $119.57 Available Mar 1  
April 2010 $119.57 Available Apr 1  
May 2010 $119.57 Available May 1  
June 2010 $119.57 Available Jun 1  
July 2010 $119.57 Available Jul 1  
August 2010 $119.57 Available Aug 1  
September 2010 $119.57 Available Sep 1  
October 2010 $119.57 Available Oct 1  
November 2010 $119.57 Available Nov 1  
December 2010 $119.57 Available Dec 1  
January 2011 $119.57 Available Jan 1  
February 2011 $119.57 Available Feb 1  
March 2011 $119.57 Available Mar 1  
April 2011 $119.46 Available Apr 1