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Ishtvan

Update on Ishtvan

Ishtvan is from Beregovo. Since his last loan from Kiva, his family has run into some problems; his wife fell ill and they had to sell the van they bought with the loan, as well as dismiss the crew they'd hired, to take her to Russia for medical treatment. After his wife's treatment ran its course and they returned to Beregovo, Ishtvan bought a small car and started working again by himself; in addition, he continued the renovation of their home from where he left off. With time, Ishtvan hopes to pay back the previous loan he took out, as well as hire another crew for work; for the time being, he would like to improve his family's living conditions, and is seeking an additional loan of 40,000 hryvnia to plaster the walls of his house inside and out, as well as renovate his bathroom.
View original language description ↓
Иштван — из Берегово. С момента получения предыдущей суммы от КИВА его семье пришлось столкнуться с определенными трудностями. У Иштвана сильно заболела жена и им пришлось продать микроавтобус, который был куплен с суммы, полученной в предыдущий раз, распустить бригаду и поехать на операцию жены в Россию к знакомым. Вернувшись после окончания курса лечения жены, Иштван купил легковую машину и теперь работает сам и, более того, взялся за окончание начатого строительства. Со временем Иштван надеется вернуть прежние обороты и снова набрать бригаду для работы.
Сумма в 40 000 гривен нужна Иштвану для того, чтобы улучшить условия проживния, поштукатурить дом снаружи и изнутри, а также обустроить ванную комнату.

Previous Loan Details

Ishtvan is married with a teenage son named Maxim. He and his family live in Beregovo, Western Ukraine. Ishtvan offers reconstruction and remodeling services (i.e., plastering and stuccoing, painting, glazing, panel lining, and flooring services). Ishtvan started this business only a year ago. Ho... More from Ishtvan'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

  • $8,200
    Average annual income
  • 0
    View loans »
    Ukraine Loans Fundraising
  • $6,250,350
    Funds lent in using Kiva
  • 11.9
    Ukraine Hryvnia (UAH) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $3,375 helped Ishtvan plaster the walls of his house and reconstruct his bathroom.
29% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2014
Listed
Jun 29, 2014
Currency Exchange Loss:
Possible