Total loan: $2,850


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Straseni, Strășeni District, Moldova / Retail

Timofei's loan finished fundraising,
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A loan helped to diversify and increase his stock of goods to ensure a stable source of income for his family.

Timofei's story

Timofei is a 38-year-old man from Greblesti village in the Straseni region of Moldova. He has a large family of five: himself, his wife, and three children who make him happy every day.

Timofei recently opened a store in the nearest town where he sells food. In order to have a better income, he also sells basic non-food products. In his free time, he deals with the provision of construction services. This gives him the opportunity to earn extra income to support the family. In order not to hire a salesperson, his wife works every day at the store.

At this moment, Timofei needs to renew the goods in the store. For this purpose, he applied for a Kiva loan to diversify and increase the stock of goods. As a result, he will develop his family business, which ensures a stable source of income, retention of customers, and improvement of the living conditions of his family.