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Svetlana

Update on Svetlana

Svetlana grows vegetables in greenhouses. Her prior loan helped Svetlana to grow a good harvest and sell it successfully. This time Svetlana is also asking for a loan to expand her business. She needs to install a watering system, purchase the remaining part of the seeds and fertilizer and also she would like to build one more greenhouse. This way Svetlana plans to earn an additional profit from the sale of radishes, tomatoes, eggplant, peppers, and cucumbers and to improve her family's well-being.
View original language description ↓
Светлана занимается выращиванием овощей в теплицах. Предыдущий кредит помог Светлане выростить хороший урожай и успешно его реализовать. В этот раз Светлана такеж просит предоставить ей кредит для развития ее бизнеса. Ей нужно провести систему полива, закупить оставшуюся часть семян и удобрений, а также она хочет построить еще одну теплицу. Таким образом, Светлана планирует получить дополнительный доход с продажи ранних редиса, помидоров, баклажан, перца, огурцов и улучшить благосостояние своей семьи.

Previous Loan Details

Svetlana is married with one adult son. She runs a small farm growing vegetables in greenhouses. Svetlana has been in this business 11 years. Her experience helps her to have good crops and sell the produce at a good price. Svetlana is a hardworking and enthusiastic person. She would like to… More from Svetlana's previous loan »

Additional Information

About HOPE Ukraine

HOPE 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.

About Ukraine

  • $8,000
    Average annual income
  • 0
    View loans »
    Ukraine Loans Fundraising
  • $6,139,100
    Funds lent in using Kiva
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,475 helped Svetlana to install a watering system and to expand her greenhouse business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 28, 2012
Listed
Jan 12, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 2, 2013