Funded

Total loan: $4,900
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Valeriy


A loan of $4,900 helped to build two greenhouses on a new plot.


Valeriy's story

Valeriy is a resident of the Dneprovka village in the Ukraine. It is difficult to get employment in the village and this is why he develops his own business. He built large greenhouses and plants two harvests of cucumbers. The provision for the family for the entire year depends on the invested labor. Knowing this, Valeriy wants to purchase more land because it is known that the land feeds. And now, unexpectedly, his parents decided to give their son their land plot because they can no longer work on it. Valeriy became very happy that an opportunity to expand his business presented itself and will build two large greenhouses. He did not have enough money for this and this is why he decided to obtain a business loan. He had previously used loans from Kiva and knew where to request a loan. He likes the convenient repayment schedule, where the main repayments can be made at the end of the loan, after gathering the harvest. Valeriy's family will already be enjoying the new greenhouses at the end of this autumn because now their financial well being will significantly improve.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: October 22, 2013
Facilitated by Field Partner: HOPE Ukraine, a HOPE International institution

Lenders and lending teams




Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: October 22, 2013
Facilitated by Field Partner: HOPE Ukraine, a HOPE International institution