Update on VitalyiThanks to his last Kiva credit, Vitalyi purchased an additional plot of land, which allows for expansion and building of additional greenhouses. Currently, Vitalyi has two large completed greenhouses, where he annually plants 4,000 tall tomatoes. He plans to use this Kiva loan in the sum of 15,000 hryvnia to buy seeds and plastic and to build a greenhouse for seedlings.
На данный момент у Виталия есть две большие построенные теплицы, где он ежегодно садит 4 000 высокорослых помидор. Кредит КИВА в 15 000 гривен Виталий планирует использовать для покупки семян и полиэтиленовой пленки, а также постройки теплицы для рассады.
Previous Loan DetailsVitalyi is married with two daughters. He is a farmer from Kamenka, where he grows tomatoes and radishes in two big greenhouses. Every year, Vitalyi plants at least 4,000 tall-growing tomatoes. He started this venture 10 years ago. He has already invested about 80,000 Grivnyas in this business. His… More from Vitalyi's previous loan »
About HOPE UkraineHOPE International, a Christian faith-based non-profit organization, has been operating in Ukraine since 1997. HOPE Ukraine was the organization’s first international venture. In addition to its core microfinance activities, HOPE also supports an active children's ministry in Ukraine in the form of “Tomorrow Clubs,” after-school programs that teach children the gospel through games, skits and songs.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid