Update on StepanStepan is from Vinogradovo in Western Ukraine. He has a family with three children. Stepan installs and assembles plumbing and heating systems in houses and apartments, and and can connect water and sewer lines. He has already been in this business for 11 years. After being in the army he began doing this work for a company. In 2000 he began to work independently. He is doing well in areas of construction and remodeling.
Stepan plans to invest a 21,000 hryvnia loan from Kiva into getting a soldering iron for soldering large diameter pipe, and a more powerful jackhammer (43-45 ft lbs. impact energy) which costs 12,000 hryvnia. Stepan recently received a contract to connect heating and plumbing for a house which will require him to have more professional equipment. Stepan plans to reinvest the money he earns from the contact into his work, using a small part of it for a summer vacation with his family.
Степан планирует вложить кредит КИВА в размере 21 000 гривен в приобретении паяльника для спаивания труб большого диаметра, а также более мощного отбойного молотка (43-45 Дж) стоимостью 12 000 гривен. Совсем недавно Степан получил заказ на проведение отопления и сантехнических коммуникаций в одном жилом доме, поэтому и потребовались более профессиональные инструменты. Деньги, полученные от завершения заказа, Степан намерен снова вложить в свое дело, использовав небольшую часть из этой суммы на летний отдых с семьей.
Пометка: история на русском языке
Previous Loan DetailsStepan is married and has three sons. Stepan lives with his family in his hometown of Hust, Western Ukraine. The client heats homes, installing heating equipment. He is a skilled craftsman, so he always has jobs. Stepan has been doing this work for twelve years. His monthly income is about 8,000 ... More from Stepan'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
- 26 months (Additional Information)
- Repayment Schedule
- Jun 13, 2012
- Jun 30, 2012
- Currency Exchange Loss:
- Jun 17, 2013
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.