Update on AlexanderAlexander used his last Kiva loan to build a large greenhouse on a newly-acquired plot of land. This year, his income increased somewhat. He was able to earn 85,000 hryvnia for his family.
However, a new expense has appeared: Alexander's wife was unexpectedly injured when her shoulder muscle ruptured. She has had several operations and is now going through rehabilitation.
Alexander is requesting additional financial assistance, this time in the amount of 23,000 hryvnia, to install heating in his greenhouses. Specifically, he plans to use 16,000 hryvnia to acquire a furnace, and 7,000 hryvnia for hoses and heating pipes. Once the greenhouses are successfully heated, Alexander will be able to start selling his early-season vegetables at higher prices.
В этот раз Александр обратился за дополнительной финансовой помощью в размере 23 000 гривен для того, чтобы устроить отопление в теплицах, а именно приобрести котёл на 16 000 гривен, а также шланги и трубы для отопления на 7 000 гривен. После того, как получится провести отопление в теплицах, Александр сможет начать торговать ранними овощами по более высокой цене.
Previous Loan DetailsAlexander is married and has an adult daughter. He lives in Vodyanoye and is involved in growing early vegetables, such as tomatoes and radishes. Alexander has two large greenhouses and two separate greenhouses for seedlings. He has 70,000 hryvnia invested into the farming business. His annua... 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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