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Olga is a woman farmer. She has been involved in growing grapes, strawberries, raspberries and cereal crops since 1995. Two of her children help her with the business. The oldest son is 37 years old, and the youngest is 20 years old, and both of them work at an auto service shop. Olga started her farming business with 10 sotkas of family land share. Today, her farm consists of five hectares of land. She decided to purchase plastic for a mini greenhouse in order to increase the strawberry harvest. She also needs to purchase a mower to combat weeds. Olga's business plans are to expand the sowing of strawberries to six hectares and install a greenhouse on 400 square meters. Her personal plans are to purchase a new car to transport her harvest to markets.
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Ольга – женщина фермер. С 1995 года занимается выращиванием винограда, клубники, малины и зерновых культур. По хозяйству ей помогают двое ее детей. Старшему сыну 37 лет, младшему 20 лет, они работают в автосервисе.
Свою деятельность как фермер, Ольга начинала на 10 сотках земельного пая. На сегодняшний день в хозяйстве Ольги 5 гектар земли.
Для повышения урожая клубники решено было приобрести пленку для мини теплицы. Мотокоса нужна для борьбы с сорняками.
В хозяйственных планах Ольги- расширить посадку клубники на 6 га., поставить теплицу на 400м2.
Личные планы – покупка нового автомобиля для транспортировки собранного урожая на рынки.

Additional Information

About Agro Capital Management

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.

ACM uses a financing model that is relatively unique. Typically, a microfinance institution will lend money to farmers, who then purchase products they need to have a successful harvest and pay back the loan. In ACM's model, the organization purchases the agricultural goods before reselling them to small farmers on an affordable payment plan. This allows farmers to begin using the goods they buy without having to pay in full upfront.

As part of ACM's offering, clients receive training to improve crop yields. In order to cover its costs, the organization charges a small service fee. The amount of each Kiva loan includes both the cost of agricultural supplies and the service fee. As with all Kiva loans, repayments will be returned to lenders on the schedule outlined.

About Ukraine

  • $8,200
    Average annual income
  • 3
    View loans »
    Ukraine Loans Fundraising
  • $6,300,650
    Funds lent in using Kiva
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD