Update on AlexanderAlexander lives in Vinogradovo with his wife and 8-year-old son. He works in agriculture, growing and selling vegetables. Mostly he sells potatoes, carrots, beets, onions, and also apples. Alexander rents a vending spot to sell his produce. Moreover, Alexander also grows cabbage and potatoes on his own big lot of land. Usually Alexander works on his land himself. He only hires employees during sowing and harvesting seasons.
Alexander is planning a trip to another region of Volyn to purchase potatoes and carrots at wholesale for further retail sale in his hometown. He is requesting a loan of 10,000 Grivnas to pursue that. One of Alexander’s biggest dreams is to open a vegetable store.
Previous Loan DetailsAlexander lives in Vinogradovo. He raises vegetables and fruits on 75 acres of land, specifically potatoes, carrots, beets, onions and apples that he then sells. He currently rents his sales location. He works alone and does not have hired help. There are times when Alexander has a difficult ... More from Alexander'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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