Funded

Total loan: $1,000
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Yelena

Ukraine
Gladkovka, Ukraine / Farming

A loan of $1,000 helped buy 3,000 hryvnia of seed, 3,400 hryvnia of greenhouse plastic, 1,000 hryvnia of chemical fertilizers, and also 600 hryvnia for minor greenhouse repairs.


Yelena's story

Yelena and her 11-year-old son Alexander live in the town of Gladovka. She is divorced. Yelena has farmed vegetables for 15 years already. On 5600 square meters (1.4 acres) of land she grows 300 kg of early radishes, 2,000 cucumber plants, 5,000 tomato plants, 10,000 heads of cabbage, and over a ton of potatoes. Currently her circulating capital is 60,000 hryvnia. Her average net profit is around 3,000 hryvnia.

Yelena plans to invest the loan of 8,000 hryvnia into purchase of 3,000 hryvnia of seed, 3,400 hryvnia of greenhouse plastic, 1,000 hryvnia of chemical fertilizers, and also 600 hryvnia for minor greenhouse repairs.

Translator profile picture

Translated from Russian by Kiva volunteer Anna Hazen



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: March 22, 2012
Facilitated by Field Partner: HOPE Ukraine, a HOPE International institution

Lenders and lending teams



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: March 22, 2012
Facilitated by Field Partner: HOPE Ukraine, a HOPE International institution