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Mr. Ghencea currently owns .36 hectares of vineyard and 2.5 hatares of arable land. On the arable land, Mr. Ghencea grows cereals which he sells in the agricultural market. The harvest of grapes he sells to the exporters of table grapes. A portI. of the grapes he brings home to produce wine that he sells during difficult financial periods. He has run such types of activity already for 8 years. He requested a loan from Microinvest to purchase seedlings. Business is profitable, but the applicant wants to increase the profitability through new seedlings.

About Moldova

  • $3,800
    Average annual income
  • 0
    View loans »
    Moldova Loans Fundraising
  • $731,650
    Funds lent in using Kiva
  • 10.8
    Moldova Lei (MDL) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,800 helped Ghencea purchasing seedlings for renovation works.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 25, 2009
Mar 21, 2009
Currency Exchange Loss:
Mar 30, 2010