Thursday, April 25, 2013

Vasile Popan, Sausage Maker

Not that long ago, Vasile Popan was suffering the scars of the Soviet era.  Out of work with very little employment opportunities, the outlook was dim.

Since Vasile couldn't find a job, he decided to create one.  He heard of a local microfinance institution making $300 loans available.  He decided to use it to buy pigs, butcher them, and sell the pork in the market.  Vasile did well enough to repay the loan and save some to build the business.

Build the business he did.  And Vasile's stellar loan repayment qualified him for larger and larger loans at the local microfinance institution.  He eventually transitioned his business into manufacturing sausage.  He was wholesaling his product, and the quality was so high and the product so much in demand that shortly thereafter he opened his own retail shops selling his brand of sausage.

Vasile has created dozens of jobs along the way.  He has donated countless pounds of sausages to local orphanages so that children could get some protein in their diet.  He has been very generous to his church.

Invest Credit was with Vasile from the first day the business idea entered his mind, and they have been with him ever since.  Eventually they made thousands of dollars available to allow him to get state-of-the-art sausage making equipment.  Invest Credit was one of the means through which Vasile went from being a receiver, dependent on those around him, to a giver, extending transformation into the lives of others.

1 comment:

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