Radio Netherlands Worldwide

SSO Login

More login possibilities:

Close
  • Facebook
  • Flickr
  • Twitter
  • Google
  • LinkedIn
Home
Saturday 26 May RNW - NEWS AND ANALYSIS FROM THE NETHERLANDS IN 10 LANGUAGES, WORLDWIDE 24/7 ON RADIO, TV AND ONLINE
From the RNW video about microfinance in Romania
Marcel Decraene's picture
Map
Bucharest, Romania
Bucharest, Romania

Transylvania's aromatic teas

Published on : 21 January 2010 - 2:01am | By Marcel Decraene (still: RNW)
More about:

Seven reporters from Radio Netherlands Worldwide travelled across the globe looking for small-scale businesses which have received microcredit. Portraits of the ones they found will be featured soon in this web dossier. Here is a short video excerpt, and a report on RNW's coverage of this subject in Romania, as told by reporter Marcel Decraene.

It was difficult to find someone in Romania for our video profiles of microfinance recipients. People didn’t return my phone calls or e-mails. After I finally managed to arrange one interview, the Romanian government fell and my contact, who had been a deputy minister, cancelled it. Then I got lucky and found a herbal tea producer whose small business had grown into a major export company.

Watch an excerpt from the video about Larix in Romania (cameraman Roland Kremer)

“There are still wolves or bears here,” said Ioan Vlasa, the director of Romania’s FAER microcredit organisation. Mr Vlasa, cameraman Roland Kremer and I were driving through the virginal, snowy hills of Transylvania in one of the organisation’s Dacias. The journey took us through gypsy settlements and past horse-drawn wagons carrying timber from the local forests.

From Mr Vlasa’s head office in the town of Reghin we travelled to Sovata, a village in the countryside. A major undertaking, and not just because of the snow. Mr Vlasa was also despondent about the general state of the roads: “I’d hoped for a better infrastructure after Romania joined the European Union, but they haven’t even started building motorways yet.”

Extortionate interest
Despite the roads, we arrived at Larix quicker than expected at Larix, the company to be profiled in our video report. It looked big, clean and modern. Larix dries, grinds up and blends a variety of herbal teas. Ioan Fazakas and Andrei Munteanu started the business in 1992.

Mr Munteanu, an enthusiastic man in his 40s, speaks good English. He told us that Larix received an injection of capital from FAER at the end of the 1990s. An ordinary loan was out of the question because Romanian banks were charging extortionate rates of interest at the time. “The microcredit loan was paid back in full a long time ago,” he explained.

Drying loft

Romanian television has already shown interest in the company but we were the first foreign camera team to film there. We were taken on a tour through enormous storage buildings, past a brand-new grinding machine and into a picturesque drying loft.

We filmed employees sorting out the various types of herbs – about 150 in total. Larix employs around 70 people. They looked slightly surprised when we started shooting, but soon settled and just carried on with their work.

Aromatic
It’s a shame our video camera couldn’t record smells, because the place was a feast of aromas, including artichoke, aniseed, blackberry, strawberry, myrtle, etc. More or less all the ingredients are grown locally. We had to wear regulation overalls and hairnets while filming in the area where the herbs are sorted.

Towards the end of our visit, Mr Munteanu took us to a nearby house where it all started. When they began, he and Mr Fazakas set to work in an extension, packaging locally grown herbs and herbal tea. At first, their profits were minimal, but Larix has since grown into a major company exporting across the world.

The Netherlands

Larix welcomed the FAER loan at the time, but the company’s days of reliance on microcredit are now long gone. Major players such as Germany’s Biohorma (Dr Vogel) and Dutch company Nagel and Waleda now do business with Larix.

One-third of the company’s shares are now in Dutch hands. Mr Munteanu laughs when I ask him whether he’s ever visited the Netherlands. He tells me he’s been to loads of places here, even Groningen.

Click to watch the video: Microcredit - a step to booming business

Camera: Roland Kremer

Discussion

Post new comment

Please be reminded all comments must be in English, short and to the point - guideline 250 words. Abusive and inappropriate comments will be removed.

The content of this field is kept private and will not be shown publicly.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <p> <br>
  • Lines and paragraphs break automatically.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

Video highlights

Dutch beachcombers: a dying breed
Dutch beachcombers are a dying breed. In the past, objects would regularly...
Shell presented with "Oily Mary" cocktail from Niger Delta
Friends of the Earth Netherlands has offered "Oily Mary"...

RNW on Facebook

Sign up for our newsletters

Email news bulletin

What's on - Programme Preview

Press Review - of the leading Dutch newspapers every weekday

Media Network

Euro Hit 40 - Europe's No. 1 chart show

RNW - News and analysis from the Netherlands in 10 languages, worldwide 24/7 on radio, television and online