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Vasile is 35 years old and he is the father of three children. His wife works as a teacher in kindergarten in the city. Both spouses love children very much. So, Vasile has decided to open a small shop where he will sell many things needed for children as small toys, nipples, clothing and more things babies require.

Vasile came to Microinvest to borrow the amount of money needed to start up a business, namely to rent the shop from the beginning, in order to pay monthly rent and then to increase the stock of goods. In this district the birth rate exceeds mortality, so business will be profitable.

Vasile is quite satisfied with what he does for himself in the first round and of course for young children.

About Moldova

  • $3,800
    Average annual income
  • 1
    View loans »
    Moldova Loans Fundraising
  • $752,400
    Funds lent in using Kiva
  • 11.0
    Moldova Lei (MDL) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,750 helped Vasile starting up a business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 24, 2009
Apr 1, 2009
Currency Exchange Loss:
Dec 27, 2010