A loan helped to buy spare parts for his agricultural equipment.

Dumitru's story

Dumitru is a 34-year-old man from Ungheni, Moldova. He is married and has two daughters who are students. His wife works as bank officer in the same town. Dumitru is a fireman. Additionally, he has his own agricultural business.

Dumitru works 181 hectares. Only one hectare is his own and the rest he rents. This year, he planted 60 hectares of wheat, 50 hectares of corn, and 71 hectares of sunflowers. To work his land, Dumitru uses a tractor with a plow and cultivator. This equipment makes the work easier. After processing so much land, his equipment needs repair and requires investment.

Now, Dumitru needs a loan from Kiva to purchase spare parts for his agricultural equipment. As a result, he will be able to continue to develop his business.

This loan is special because:

It enables those living in rural areas to grow their businesses at a lower interest rate.

Loan details

Lenders and lending teams

Loan details