A loan helped to supply necessary stock of goods to develop a sustainable business.

Arcadie's story

Arcadie is a 51-year-old man from Ungheni town, Moldova. He is married and has a large and united family.

Arcadie started his own business six years ago. He bought a store in town where he sells construction materials. Every year, the flow of customers has increased and now continues to grow. Even if the competition is high in the region where he activates, he manages to maintain the necessary pace.

Arcadie planned to go abroad in order to earn a better income. Over the years, the business became more profitable, and so Arcadie stayed home to keep his business under control. The income he obtains gives him the opportunity to support his family and make small investments in the business.

At the moment, Arcadie, not having enough money, decided to apply for a loan from Kiva sources to supply necessary stock of goods. As a result, he will be able to have the goods needed to meet the needs of his customers. This will lead to development of his sustainable business, and to ensure the family has a stable source of income.

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