A loan helped to buy wood processing equipment.

Mihail's story

Mihail is 36 years old and married with two children. He works occasionally in construction, but is also a skilled craftsman in woodworking as he has done his studies in this field. His wife works at a wiring factory 50 km away from the house. Because the work in construction is occasional, Mihail decided to purchase his own woodworking equipment to create a stable income for his family.

Finding out about the Kiva loan, Mihail decided to ask for help. The purchasing of the wood processing machine will allow Mihail to increase the family's income and thus he will not have to go abroad for work.

This loan is special because:

It provides working capital for rural populations to start and grow businesses.

Loan details

Lenders and lending teams

Loan details