Update on AlexeiAlexei asks for a loan for the purchase of seeds, fertilizer, watering systems and other material for greenhouses.
Thanks to the previous loan, Alexei increased planting, was able to use the land effectively, and received a larger income from the early harvest, because late harvest had a much lower price. He was able to use more modern technologies for farming and planting.
Alexei has long worked with farming, and owns the largest plot of land in the village close to his house. He also has his own sawmill, where he works in his spare time, when there are orders.
Благодаря предыдущему кредиту Алексей увеличил объемы посадок, смог эффективней использовать землю, получил больше прибыли с раннего урожая, так как поздний урожай был по очень низкой цене. Он смог применить более современные технологии обработки земли и посадки.
Алексей занимается сельских хозяйством давно, имеет самый большой участок в селе возле дома.
Также у него есть собственная пилорама, где он работает в свободное время, когда есть заказы.
Previous Loan DetailsAlexei is married and has two adult children. He owns a small business growing vegetables in green houses. This business is the only source of income that supports Alexei’s family. He has been in this business for 30 years. Alexei enjoys his business very much and is an example of a good and ... More from Alexei'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
- Repayment Term
- 11 months (Additional Information)
- Repayment Schedule
- Nov 30, 2011
- Dec 21, 2011
- Currency Exchange Loss:
- Nov 16, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.