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Igor

Update on Igor

Igor is a produce farmer in the village of Gladovka. On 2,200 square meters [about one-fifth of a hectare] of land, he grows cucumbers in greenhouses as well as early potato varieties. Igor has been in greenhouse farming for four years. He applied to Kiva for a loan in the amount of 10,000 UAH in order to prepare his greenhouses for the upcoming agricultural season. Igor plans to use the resulting additional income to maintain and expand his farming business and also to provide for family needs.
View original language description ↓
Игорь занимается огородничеством в селе Гладковка. На 22 сотках он выращивает в теплицах огурцы, ранний картофель. Тепличным хозяйством Игорь занимается уже 4 года.
Игорь обратился к КИВА за суммой в 10 000 гривен для того, чтобы приготовить теплицы к наступающему сезону. Полученную дополнительную прибыль Игорь собирается потратить на дальнейшее содержание и расширение своего тепличного бизнеса, а также нужды семьи.

Previous Loan Details

Igor is a farmer in Gladkovka. On one-fifth of a hectare of land, each season he grows 4,000 cucumber plants in greenhouses, as well as 2 tons of early potatoes. Igor has been farming for four years and has invested a significant sum in his farm - around 70,000 hryvnias. His net income amounts to... More from Igor'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
  • 3
    View loans »
    Ukraine Loans Fundraising
  • $6,185,300
    Funds lent in using Kiva
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Igor to prepare his greenhouses for the new agricultural season.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 11, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013