Update on SergeiSergei lives in Novaya Kahovka. For more than 21 years he has been doing greenhouse farming, growing early and late cucumbers and tomatoes on his own plot of 0.5 hectares. Sergei is planning to use the loan of 15,000 hryvnia from Kiva to repair his existing greenhouses and to purchase seed, fertilizer and plastic film.
Сергей планирует использовать средства, полученные от КИВА в размере 15 000 гривен для того, чтобы провести реконструкцию теплиц, а также закупить необходимые материалы для подготовки действующих теплиц к сезону, а именно семена, удобрения и пленку.
Previous Loan DetailsSergei has been working with greenhouse farming for 20 years, growing early and late cucumbers and tomatoes on his own plot of 50 acres. Sergei turned to Kiva for a loan in the amount of 14,000 hryvnia in order to build a new greenhouse for the upcoming season. Sergei enjoys farming very much... More from Sergei'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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