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Roman

Update on Roman

Since receiving his first loan from KIVA, Roman has not had any particular hardships. The funding received from KIVA has helped him maintain his business and increase its revenue.

Roman could use an additional 5000 Hryvnia loan to buy additional types of goods to sell at his kiosk.
View original language description ↓
Со времени получения предыдущего кредита от КИВА, Роман не сталкивался с особыми трудностями. Сумма, полученная от КИВА, помогла ему поддержать бизнес и увеличить доход.
Роману понадобилось дополнительное финансирование в размере 5 000 гривен для того, чтобы закупить дополнительную партию товара под реализацию на своей точке.

Previous Loan Details

Roman has taken several loans before. The previous loan helped him increase his income. Not long ago, his daughter married and gave birth to a child. Roman repaired the house and further helped his daughter's young family. Roman requests a loan in the amount of 5,000 hryvnia for the purchase o... More from Roman'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
  • 2
    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 $625 helped Roman buy additional types of goods to sell at his kiosk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 18, 2013