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Update on Oleg

Oleg grows vegetables in greenhouses. Thanks to his prior loan he was able to expand his greenhouse business and have a good harvest. This time Oleg is asking for a loan to purchase seeds and fertilizer and to also repair existing greenhouses (new film) and build additional greenhouses.

Thanks to this Oleg will be able to increase his income from the sale of early tomatoes, potatoes, cabbage, and cucumbers and improve the well-being of his family.
View original language description ↓
Олег занимается выращиванием овощей в теплицах. Благодаря предыдущему кредиту он смог расширить свой тепличный бизнес и вырастить хороший урожай. В этот раз Олег просит предоставить ему кредит для закупки семян и удобрений, а также ремонта существующих теплиц (новая пленка) и строительства дополнительной теплицы.
Благодаря этому Олег сможет получить увеличить свой доход с продажи ранних помидоров, картофеля, капусты, огурцов и улучшить благосостояние своей семьи.

Previous Loan Details

Oleg, his wife and their three-year-old daughter live in the village of Gladkovka, Kherson region. Oleg grows vegetables in greenhouses. On 50 ares of land, he grows 3 tons of radishes, 3000 tomato plants, 2000 cucumber plants, 20,000 heads of cabbage and 10 tons of potatoes annually. Oleg has be... More from Oleg'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
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,850 helped Oleg to expand his greenhouse business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Dec 29, 2012
Jan 12, 2013
Currency Exchange Loss:
Aug 17, 2013