A loan of $1,250 helped to buy seeds and greenhouse film.


Fedor's story

Fedor need additional means to buy seeds and greenhouse film. Because the prices for these goods have been going up, savings from his business are not enough. In addition, Fedor believes that taking out a business loan is convenient and advantageous. Last year Fedor also took out a loan to buy greenhouse film, seeds and fertilizers. His harvest was good, but somewhat late, therefore the produce was sold for a lower price, and Fedor did not manage to increase his revenues. Last year Fedor had his car repaired (it was necessary to buy many spare parts) and made some minor repairs in the house. Fedor has an additional source of income, since he performs welding jobs during construction of greenhouses, and he always many work orders.

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Translated from Russian by Kiva volunteer Katharina S



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