Funded

Total loan: $2,500
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Mnatsakan


A loan of $2,500 helped to build an additional greenhouse.


Mnatsakan's story

Mnatsakan needs funds to build an additional greenhouse. He needs to buy metal fixtures and plastic, which are the necessary materials for building a greenhouse. Mnatsakan used his previous loan to build a greenhouse. He expands every year. He made a profit - this year, Mnatsakan was able to earn a gross income of 90 thousand hryvnia from sales, despite the fact that prices were very low during this season. His younger daughter was accepted to attend a college, and the oldest son already works and lives independently.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey



Loan details

Loan length:

12 months
Repayment schedule: Irregularly
Disbursed date: October 7, 2011
Facilitated by Field Partner: HOPE Ukraine, a HOPE International institution

Lenders and lending teams



Loan details

Loan length:

12 months
Repayment schedule: Irregularly
Disbursed date: October 7, 2011
Facilitated by Field Partner: HOPE Ukraine, a HOPE International institution