Update on ViktorViktor is from Melitopol. He is a widower and has two grown children. Viktor is involved in construction services, the production of concrete and ceramic products. Now, he is building a church not far from the town.
Viktor needs a sum of 10,000 hryvnia to make repairs to his truck and tools, as well as to buy a new tool as the number of hired workers has increased because of workload.
Виктору необходима сумма в 10 000 гривен для того, чтобы сделать ремонт погрузчика и инструмента, а также купить новый инструмент, так как количество наемных рабочих увеличилось из-за объема работы.
Previous Loan DetailsViktor lives and works in the city of Melitopol. He fabricates parts from ceramic cement and also performs other construction services. Viktor manages three construction teams who work on detailing and also employs two men who fabricate ceramic cement vases with elements of forging. Viktor… More from Viktor's previous loan »
About HOPE UkraineHOPE 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.
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