Gennadiy is a farmer. Since 1978, he has been cultivating water melons, cantaloupes and cabbage. His wife and his two children, who are 26 and 27 years of age, help Gennadiy with his business. Gennadiy started his farm by growing onions in open ground.
Gennadiy has decided to purchase plastic film to protect his plants from cold and wind, as well as a drip irrigation hose. In the future, he plans to buy a tractor with attachments for ploughing and cultivating his land. Gennadiy would also like to finish building his family's new home. Presently, he needs your help to finance his purchase of plastic film and irrigation hose.
Геннадий - фермер. С 1978 года занимается выращиванием арбуза, дыни и капусты.
Справляться по хозяйству ему помогает супруга и двое детей 26-ти и 27-ми лет.
Развитие деятельности начиналось с выращивания лука в открытом грунте.
Геннадий решил приобрести пленку для защиты от холода ветра, а также капельную ленту для полива.
В планах на БУДУЩЕЕ: приобрести трактор с навесным оборудованием для вспашки и обработки своего земельного участка.
В личных планах: Достроить жилой дом.
Нуждается в вашей помощи для финансирования пленки и капельной ленты.
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.