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Update on Andrei

Andrei used the previous loan from Kiva wisely, increasing the number of goods and adding laptops. In paralle, Andrei engaged in building a house, to which a lot of money also goes.

Andrei needed a sum of 20,000 Hryvnia to replenish his working capital through the purchase of household appliances. A good assortment always attracts buyers, and increases in turn sales, and hence, profit.
View original language description ↓
Андрей мудро использовал предыдущий кредит от КИВА, увеличив количество товара, добавив ноутбуки. Параллельно Андрей занялся строительством дома, на что тоже уходит немало средств.
Андрею понадобилась сумма в размере 20 000 гривен для того, чтобы пополнить оборотные средства за счет закупки бытовой техники. Хороший ассортимент всегда привлекает покупателей, а соответственно увеличиваются и продажи, а, значит, и доход.

Previous Loan Details

Andrei is from Velikaya Znamenka. He has worked with repairing and selling computers and household appliances for seven years. Andrei chose this specific type of goods as he knows household appliances well and understands computer technology well. By profession he is a nuclear scientist, and he h... More from Andrei'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

  • $8,200
    Average annual income
  • 6
    View loans »
    Ukraine Loans Fundraising
  • $6,342,325
    Funds lent in using Kiva
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,475 helped Andrei to replenish his working capital by buying household appliances.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Feb 13, 2013
Mar 15, 2013
Currency Exchange Loss:
Jan 18, 2014
This photo was used before for a previous loan for Andrei. It was first posted on Kiva on Jun, 2012. Learn More