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Olga

Update on Olga

Olga is an entrepreneur from Kamenka-Dneprovskaya. The previous loan helped Olga purchase seeds and fertilizer for trade. Her customers had the opportunity to choose anything they needed for their businesses.

Currently Olga's business continues to develop successfully further. Olga requests to get a loan for the purchase of moto-cultivators and seeds. She plans to invest the largest part of the income in developing her business.
View original language description ↓
Ольга - предприниметель из Каменки-Днепровки. Предыдущий кредит помог Ольге приобрести семена и удобрения для торговли. У ее покупателей была возможность выбрать все, что им необходимо для их бизнеса. Сегодня бизнес Ольги продолжает успешно развиваться дальше. Ольга просит предоставить ей кредит для закупки мото-культиваторов и семян. Планирует вложить большую часть прибыли в развитие своего бизнеса.

Previous Loan Details

Olga is married. She has been living in Kamenka for most of her life. In this primarily agricultural region of the country there are few employment opportunities. Most people in the region do farm work. Olga decided to focus on selling farm supplies: seeds, chemicals, plastic film for hothouses,… More from Olga'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

  • $8,000
    Average annual income
  • 2
    View loans »
    Ukraine Loans Fundraising
  • $6,168,175
    Funds lent in using Kiva
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,475 helped Olga to purchase moto-cultivators and seeds for selling.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 4, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013
This photo was used before for a previous loan for Olga. It was first posted on Kiva on Jun, 2012. Learn More