Check out some available loans that are similar to this one!
Kim
Kim is a farmer. Since 1993, he has grown watermelon and cantaloupe. His wife and his of his children (aged 29 and 26) help him with is work. His youngest son works as a cook in a restaurant. The growth of Kim's business began with planting onions in an open field. He and his wife have decided to buy drip hosing and plastic to protect the crops from cold and wind. In the future, they plan on buying a tilling attachment for their tractor and also refrigeration equipment for cooling and storing their harvests. Their personal plans include building their own home. They need your help financing the purchase of drip hosing and plastic.
View original language description ↓
Ким - фермер. С 1993 года занимается выращиванием арбуза и дыни.
Справляться по хозяйству ему помогает супруга и двое детей 29-ти и 26-ти лет, младший сын работает поваром в ресторане.
Развитие деятельности начиналось с выращивания молодого лука в открытом грунте.
Ким с супругой решили приобрести капельную ленту и пленку для полива и защиты от холода и ветра арбуза и дыни .
В планах на будущее: приобрести навесное оборудование к трактору для вспашки своего земельного участка, а также холодильное оборудование для хранения и охлаждения готовой продукции.
В личных планах: Обустройство жилого дома.
Нуждается в вашей помощи для финансирования капельной ленты и пленки.

Additional Information

About Agro Capital Management

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.

ACM uses a financing model that is relatively unique. Typically, a microfinance institution will lend money to farmers, who then purchase products they need to have a successful harvest and pay back the loan. In ACM's model, the organization purchases the agricultural goods before reselling them to small farmers on an affordable payment plan. This allows farmers to begin using the goods they buy without having to pay in full upfront.

As part of ACM's offering, clients receive training to improve crop yields. In order to cover its costs, the organization charges a small service fee. The amount of each Kiva loan includes both the cost of agricultural supplies and the service fee. As with all Kiva loans, repayments will be returned to lenders on the schedule outlined.

About Ukraine

  • $8,000
    Average annual income
  • 1
    View loans »
    Ukraine Loans Fundraising
  • $6,169,900
    Funds lent in using Kiva
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $4,950 helped Kim to purchase farming equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2013
Listed
Mar 8, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 5, 2013