Update on OlgaOlga grows early vegetables in greenhouses. Last time she used her loan to install a watering system in the greenhouses and to purchase seeds and fertilizer. The harvest was very good. Using the earnings, Olga bought another plot of land next to hers and build two more large greenhouses there.
Olga's plot is on the edge of the village and sometimes her crops are stolen at night. This year, Olga's husband decided to install an alarm system in order to protect the crops from theft.
This time Olga is asking for a loan to purchase high quality seeds and to replace the film on the greenhouses. This will allow her to get ready for the season on time and to earn a good profit.
Участок Ольги находится на краю села и бывает что по ночам воруют урожай. В этом году муж Ольги решил сделать сигнализацию, чтобы уберечь урожай от краж.
В этот раз Ольга просит предоставить ей кредит для закупки качественных семян и замены пленки на теплицах. Это позволит вовремя приготовиться к сезону и получить хорошую прибыль.
Previous Loan DetailsLast year Olga used her Kiva loan for a watering system and another greenhouse. She made a nice income and bought a small piece of land nearby, on which she's now putting up two more greenhouses. There haven't been any changes to Olga's home or family. This year her oldest daughter is finishing… More from Olga'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