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Mihail
Microinvest strives to increase farmers' productivity by helping them obtain quality seeds, introducing them to small-scale irrigation and other farm technologies, and encouraging small, agriculture-based businesses that generate income. With support from Microinvest, Mihail has faced many difficulties in his life to build a viable agricultural business and provide a future for his wife and two children.


Mihail is taking a loan from Microinvest for the purchasing of vegetable seeds, small farm tools and training. He also has developed a small-scale irrigation system, which diverts water from a stream and runs it into canals. Mihail now farms an acre of irrigated land and produces tomatoes and peppers.


Mihail thanks Microinvest for trust and financial support.

About Moldova

  • $2,374
    Average annual income
  • 0
    View loans »
    Moldova Loans Fundraising
  • $518,350
    Funds lent in using Kiva
  • 11.2
    Moldova Lei (MDL) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,675 helped Mihail to purchase vegetable seeds, small farm tools and training.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2009
Listed
May 28, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 29, 2011