Update on AlyonaAlyona is a farmer who raises vegetables in greenhouses. She used her loan money to buy seeds, greenhouse film, and fertilizers to maintain her greenhouses. This season was a good one for Alyona. She was able to grow a lot of early vegetables and sell them at high prices. Alyona is getting her greenhouses ready for the spring season. She is going to plant tomatoes, potatoes and sweet corn. She is applying for a loan to buy seeds and fertilizers, as well as wood for heating.
Previous Loan DetailsAlyona lives in the village of Gladkovka together with her husband and two young children. In this agricultural region, the main business activity is growing vegetables for sale. Alyona too is engaged in farming work. She keeps greenhouses, where she grows 2000 tomato plants, 3,000 cucumbers p... More from Alyona'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