A loan helped to buy more merchandise to develop his business.

Vasile's story

Vasile is a 60-year-old man from the village of Alunis, which is in the Riscani region of Moldova. He is married and lives in his own house. Vasile is retired, but he leads an active lifestyle.

He wanted to utilize his free time to increase his income, so Vasile decided to open a small business. He has a variety store where he sells food and household products. In order for his store to continue functioning, Vasile needs to buy additional merchandise. Since his business is still new, he does not have sufficient financial resources. Therefore, Vasile decided to apply for a Kiva loan. As a result, he will be able to increase his sales volume and generate more profit from his business. This will help to improve his standard of living.

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