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Sergei

Update on Sergei

Sergei and his family live in the village of Gladkova. He has been farming in greenhouses for eleven years. He grows early tomatoes and Chinese cabbage. Sergei has his own forty-hectare plot of land.

Sergei is planning to spend 15,000 hryvnia getting his greenhouses prepared for the season and maintaining them. Sergei wants to buy plastic film, fertilizer, seeds, wood and drip hoses for the upcoming season.
View original language description ↓
Сергей с семьей живет в селе Гладковка. Он 11 лет занимается тепличным хозяйством, выращивая в теплицах ранние и поздние помидоры, а также пекинскую капусту. У Сергея есть свой участок в 40 соток
Сергей планирует вложить сумму в 15 000 гривен в подготовку к сезону теплиц и содержание тепличного хозяйства. Сергей хочет закупить пленку, удобрения, семена, дрова и капельные шланги для предстоящего тепличного сезона.

Previous Loan Details

Last year, Sergei took advantage of a loan through Kiva, thanks to which he was able to get his greenhouse ready in time for the growing season and reap a good harvest. This time, Sergei is again asking to be given a loan to buy seed and fertilizer, as well as to make some minor repairs. He is ... More from Sergei's previous loan »

Additional Information

About HOPE Ukraine

HOPE 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.

Tags

About Ukraine

  • $8,000
    Average annual income
  • 5
    View loans »
    Ukraine Loans Fundraising
  • $6,203,175
    Funds lent in using Kiva
  • 8.3
    Ukraine Hryvnia (UAH) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,825 helped Sergei to buy seed, fertilizer, plastic film, wood and hose pipes for irrigation.
69% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 28, 2013
Listed
Dec 19, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014