Update on AndreiAndrei has been selling computers and parts for about 14 year in his home city of Novaya Kahovka. At this time Andrei still doesn't own a store but instead rents retail space in the local shopping center. Andrei not only sells computers and electronics but also offers quality installation and repair services for these products. Currently Andrei needs to purchase more accessories for personal computers and he has turned to KIVA for a loan of 4000 griven.
У Андрея появилась необходимость пополнить комплектующие к ПК, поэтому он обратился за финансовой помощью к КИВА. Ему нужна сумма в размере 4 000 гривен.
Previous Loan DetailsAndrei is a businessman from Novaya Kahovka. He owns a small business selling office appliances, related components, and expendable materials in one of the local malls called "Central." He launched this business about 12 years ago. Currently, his business has grown up to 20,000 UAH in monthly tur... More from Andrei'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