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Update on Alla

Alla used her previous loan from Kiva to invest in construction materials for building an additional greenhouse. Due to the construction of this greenhouse, Alla was able to increase the quantity of planted vegetables and, thus, earn an additional income. She needs a loan in the sum of 15,000 hryvnia this time because she does not have enough money to expand her greenhouse business. Because Alla always strives to increase the volume of growing early vegetables, she wants to continue investing additional funds into developing her business in the future.
View original language description ↓
Алла использовала предыдущий кредит КИВА в качестве вложения в материал для строительства дополнительной теплицы. За счет построения этой теплицы Алла смогла увеличить количество высаженных овощей и, таким образом, получить дополнительный доход. Кредит в размере 15 000 гривен необходим Алле в этот раз, так как ей не хватает средств для расширения тепличного хозяйства. Так как Алла постоянно стремится увеличивать объемы выращивания ранних овощей, она хотела бы продолжать вкладывать дополнительные средства в развитие своего дела и в дальнейшем.

Previous Loan Details

Alla is a farmer from Gladkovka. She is married with a young son – Konstantin. Alla grows early spring radish, tomatoes and cucumbers in greenhouses for sale in the markets of Kherson and the neighboring regions. She has been in this business for 7 years and has already invested about 100,000 Gr... More from Alla's previous loan »

Additional Information

About HOPE Ukraine

HOPE 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.

About Ukraine

  • $8,200
    Average annual income
  • 6
    View loans »
    Ukraine Loans Fundraising
  • $6,400,325
    Funds lent in using Kiva
  • 8.0
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,875 helped Alla to expand her greenhouse business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 12, 2012
Jan 17, 2012
Currency Exchange Loss:
Aug 8, 2012
This photo was used before for a previous loan for Alla. It was first posted on Kiva on Jan, 2011. Learn More