Update on SvetlanaSvetlana used a previous loan from Kiva to remake one of her greenhouses: before that it was a low greenhouse, which was hard work. Her son helps her in her greenhouse business, which is much easier.
Svetlana plans to invest the funds received from Kiva in the amount of 15,000 hrivna to build more greenhouses on the site. She has a free piece of land on which she wants to put another greenhouse. This will give her the opportunity to increase revenue and to plant more tomatoes.
Светлана использовала предыдущий кредит от КИВА для того, чтобы переделать одну из своих теплиц: до этого у нее была низкая теплица, в которой было сложно работать. В ее тепличном бизнесе ей помогает сын, с ним намного легче.
Светлана планирует вложить полученные от КИВА средства в размере 15 000 гривен в постройку дополнительной теплицы на своем участке. У нее есть свободный участок земли, на котором она и хочет поставить еще одну теплицу. Это даст ей возможность увеличить доход и посадить больше помидор.
Previous Loan DetailsSvetlana is from Velikaya Znamenka. She grows early tomatoes on her plot of land for eight years now. Her son Evgeny is actively helping her in this business by working on the field. Svetlana has two big greenhouses. She has invested 40,000 hrivna in her business. She spends around 17,000 hrivna ... More from Svetlana'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
- 12 months (Additional Information)
- Repayment Schedule
- Oct 29, 2012
- Nov 11, 2012
- Currency Exchange Loss:
- Sep 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.