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Update on Igor

Igor is a farmer. He owns many greenhouses. Igor used his prior loan to purchase two small boilers to heat the greenhouses. He needed to stoke them every night - meaning he had to watch them to make sure that they did not extinguish. Despite this he increased his earnings significantly and would now like to improve the heating system.

Igor is asking for a loan of 24,000 hryvnia to purchase a large, automatic boiler and hoses and pipes for the heating system. The new boiler will maintain the right temperature and will only need to be stocked once per day. Igor, having saved time, plans to build a new greenhouse for planting.
View original language description ↓
Игорь занимается фермерством. У него много теплиц. Предыдущий кредит Игоря был потрачен на покупку двух маленьких котлов для отопления теплиц. Их приходилось топить каждую ночь, то есть следить, чтобы они не потухли. Не смотря на это, он значительно увеличил доход, и теперь хочет улучшить отопление.

Игорь просит предоставить ему кредит в сумме 24000 гривны на покупку большого, автоматического котла, а также шланги и трубы для отопления. Новый котел будет поддерживать необходимую температуру, а также его нужно будет топить лишь один раз в сутки. Игорь, сэкономив время, собирается строить новую теплицу для рассады.

Previous Loan Details

Igor wants to install heating in his greenhouses, but he cannot finance the repairs himself. He is asking for a loan of 15,000 griven. Heated greenhouses will allow Igor to get his harvest faster and be able to sell it for a higher price. Previously Igor had taken out a loan to build a greenhouse... More from Igor'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
  • $6,552,350
    Funds lent in using Kiva
  • 8.0
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Igor to buy a large automatic boiler to heat greenhouses.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Dec 14, 2012
Dec 30, 2012
Currency Exchange Loss:
Sep 17, 2013