A loan of $4,300 helped to build a greenhouse.


David's story

David is a 33-year-old married man who lives with his wife, 9-year-old daughter, and parents. The entire family is actively involved in agricultural activities. In particular, they have 4 milking cows, whose milk is used in cheese products. They also have a vineyard and a plot of agricultural land, where nut trees are grown. David works hard to ensure a good harvest.

He decided to start his own business because his current income is seasonal and not enough for the family. All of the financial institutions rejected his loan requests because of his unstable financial conditions and lack of experience. After several unsuccessful attempts, David applied for the credit to MFO Credo. His request was approved in the framework of a joint initiative, start-up program with Kiva. This program permits the rural poor to start or re-start businesses.

A loan of $4,300 will help David to purchase all the needed raw materials to build a greenhouse. Once the greenhouse is built, he will be able to grow tomatoes and greens and generate a more stable income. This will help David to improve the living conditions of his family.



Loan details


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Loan details