Update on VladimirVladimir is engaged in farming. Since the last loan, he bought a machine for the production of mixed grains. Last year's events – Vladimir bought a good car, and also he became a father.
The amount of animal feed delivered by feed company recently became much bigger, and at the same time the price went up. And Vladimir decided to produce animal feed by himself to cut the cost. He hopes to increase his net profit this way.
Vladimir is asking a loan of UAH 30 000 to purchase equipment for producing mixed fodders. He plans to produce animal feed for fattening broilers.
Previous Loan DetailsVladimir used the previous loan to build an additional greenhoues. Unfortunately due to the fact that last season the tomatoes ripened later than was expected and the harvest was late Vladimir's income has not increased and he was forced to sell vegetables at a lower price. Taught by bitter exper... More from Vladimir'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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