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Sergei

Update on Sergei

Sergei is 59 and has been retired for more than five years. During this time, he and his wife have been working in the family business and Sergei works in his garden plot.

Sergei needs this sum of 5,000 grivens in order to pay for medical services. For a long time, he has had vision problems and he is losing his ability to see. He plans to use the loan amount from Kiva to pay for an operation to correct his eyesight. Despite his health problems, Sergei stays positive and he hopes that everything will work out with the state of his health.
View original language description ↓
Сергей — пенсионер, ему 59 лет. На пенсии он уже более 5 лет. Все это время они с женой занимаются семейным бизнесом и Сергей трудится на своем дачном участке.
Сумма в 5 000 гривен необходима Сергею для того, чтобы оплатить медицинские услуги. Дело в том, что у Сергея давно начались проблемы со зрением и оно стало падать. Полученные от КИВА средства он планирует вложить в операцию по коррекции зрения. Несмотря на существующие проблемы со здоровьем, Сергея не унывает и надеется, что все наладится и с его состоянием здоровья.

Previous Loan Details

Sergei is already retired. He previously worked as a miner. Sergei is involved in growing berries and vegetables in a garden in the summer. A portion of the grown produce goes for sale, and the rest is consumed and canned for the winter. Thanks to the previous loan, Sergei purchased a motoblo... 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.

About Ukraine

  • $8,200
    Average annual income
  • 5
    View loans »
    Ukraine Loans Fundraising
  • $6,300,650
    Funds lent in using Kiva
  • 11.3
    Ukraine Hryvnia (UAH) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $450 helped Sergei to pay for his eye surgery.
90% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2014
Listed
Apr 29, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015