Update on AlexanderEarlier this year, Alexander bought an automobile that he can use to transport his produce to the market. Previously, he and his wife carried their vegetables in a wheelbarrow, which was difficult, or sold them at lower prices. Now, they can take their harvest to the market or even to a nearby large city and sell it at a better price, thereby making additional profits.
This new loan is needed to purchase seeds and plastic covering for the greenhouses. Alexander has already installed a heating system in one greenhouse, which will allow him to preserve his whole harvest during spring frosts, and will increase his profits.
Кредит нужен для закупки семян и пленки для теплиц. Алесандр уже сделал отопление в теплице, что позволит сохранить весь урожай весной во время заморозков, а значит получить дополнительную прибыль.
Previous Loan DetailsAlexander used his previous loan for the purchase of plastic, seeds and fertilizers. He now wants to use a Kiva loan in the sum of 8 000 hryvnia to develop his agricultural business. He will invest the received funds into installing heating in his greenhouses, for which he will need to buy pipes… More from Alexander'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