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Update on Vasiliy

This is not Vasiliy's first loan from Kiva. Having been very satisfied at the quality of the services received Vasiliy was able to not only ready his vehicle for further service, but having completed the needed welding and painting he was able to use revenue received to give his home a small remodeling by getting a few pieces of furniture and glassing in the balcony.

Vasiliy plans to buy a 1984 Mercedes 123 and use it as a taxi. His father-in-law is currently working on it, while providing transportation services with a rented vehicle. Vasiliy plans to put his father in law behind the wheel of the new car and is already working on his own transportation.
View original language description ↓
Это уже не первый кредит КИВА, которым пользуется Василь. Оставшись очень довольным качеством полученных услуг, Василь смог не только приготовить свое транспортное средство к дальнейшей работе, проделав нужные сварочные и покрасочные работы, но за счет полученной прибыли сделал также дома небольшой ремонт, приобрел некоторую мебель, застеклил балкон.

Василь планирует приобрести автомобиль Мерседес 123 1984 года и поставить его на таксовку. На данный момент его тесть работает на него, предоставляя транспортные услуги на арендованном автомобиле. Василь планирует посадить своего тесть за руль новоприобретенного авто и теперь уже работать на своем транспорте.
Пометка: история на русском языке

Previous Loan Details

Vasiliy is married, he has an eleven year old daughter and a son who is one years old. Vasiliy lives and works in Ivano-Frankivsk. He does passenger transportation around Ukraine. Vasiliy served in the military. After the downsizing of the military state Vasily began to work as a taxi driver. He ... More from Vasiliy'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
  • 3
    View loans »
    Ukraine Loans Fundraising
  • $6,313,275
    Funds lent in using Kiva
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,850 helped Vasiliy buy a 1984 Mercedes 123 and make it into a taxi.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 11, 2012
Jun 26, 2012
Currency Exchange Loss:
Nov 17, 2013
This photo was used before for a previous loan for Vasiliy. It was first posted on Kiva on Jul, 2011. Learn More