Update on AlexanderAlexander lives and works in the village of Vodyanoye. He and his wife grow vegetables on their own land. In particular, they grow cucumbers, tomatoes, and radish. Alexander's main source of income is from greenhouse farming. He invests a lot of resources into its development and expansion. This year, Alexander is installing heating on a second plot of land, which he recently acquired to expand his farm.
Alexander is planning to invest 20,000 hryven (UAH) in the purchase of greenhouse film, seed, and fertilizer for the coming greenhouse season. He is very hardworking. In six years he has developed a large farming business. Clearly he's serious about business and finance.
Александр планирует вложить сумму в 20 000 гривен в закупку плёнки, семян и удобрений для нового тепличного сезона. Он – очень трудолюбивый, за 6 лет развил большое хозяйство. Видно, что серьезно относится к бизнесу и финансам.
Previous Loan DetailsAlexander lives and works in Vodyanoye. He has his own vegetable farm. He has 3 pieces of land. He rents out the first piece. He has 3 large hothouses on the second piece, and he is building a new hothouse on the third piece. Alexander has been growing vegetables for 6 years. He has about… 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