Raisa grows vegetables in her greenhouse. She used a previous loan to install a heating system and a double layer of plastic sheeting, which provides extra protection against frost, in her greenhouse. She did all of this in order to be able to start selling earlier at more competitive prices.
Thanks to the extra income from her previous loan, Raisa was able to buy her son a small home. There was an old greenhouse near the home. She and her son torn it down and now want to build a new one on the property. Hence, Raisa is requesting a 17,000 hryvnia.
Раиса выращивает овощи в теплицах. Она использовала кредит для того, чтобы сделать отопление на теплицу, а также сделать двойную пленку (дополнительную защиту от морозов), чтобы начать торговать пораньше по более выгодным ценам. Благодаря полученным доходам Раиса помогла сыну купить небольшой дом. Рядом с домом была старая теплица. Раиса с сыном сломали ее и на этом месте хотят построить новую. Для этого Раиса просит предоставить ей кредит 17,000 гривен.
Previous Loan Details
Raisa has decided to take out another loan since she needs to heat her greenhouse and add a double layer of plastic sheeting as additional insurance against a freeze. This way she can start selling earlier in the year for better prices.
Thanks to her previous loan which allowed her to build...
More from Raisa's previous loan »
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.