COUNTRY

Romania

GNI PER CAPITA

USD 14,858 – 2021 (World Bank)

INSTITUTION

VITAS

KEY INDICATOR

29% – portfolio dedicated to agriculture & livestock activities

Activity

Vegetable Farmer

Microcredit

Tot. 110,000 LEU
Tot. 22,375 EUR
for 2 microloans

Project

Business Development

Testimony

Stefan Dorin Curec, 39 years old, married, one child. The Curec family lives in Lovrin commune, in Timiş county. Stefan started farming on his own in 2005. He grows vegetables mostly in the open field (on 10 ha of land), the most important crops being watermelon, potatoes, cabbage and cauliflower. The Curec family is in charge of the business, but they are also helped by other family members and day laborers during the campaign. The obtained production is sold to an important chain of supermarkets, in Timisoara wholesale market, to various traders based on orders, and to old customers who pick it up directly from the manufacturer. Stefan owns several vans he uses to transport the goods (2 tractors, a plow, a disc, a cultivator, a spraying installation, etc.)

Stefan has been a Vitas client since 2020 and has accessed two credits so far (one is closed and one is active). The amounts accessed were 50,000 LEU and 60,000 LEU, respectively, and their destination was for working capital.