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Svetlana

Update on Svetlana

Svetlana is an open and very communicative person. She is requesting this loan for the purchase of athletic clothing. Svetlana plans to use the obtained funds to buy athletic pants, tops and suits. Svetlana used the profit from the last loan to provide for her family and buy new merchandise.
View original language description ↓
Светлана - открытый и очень общительный человек. Она просит предоставтиь ей кредит на закупку спортивной одежды
На полученные деньги Светлана планирует приобрести спортивные брюки, кофты, костюмы. Прибыль с прошлого кредита Светлана потратила на содержание семьи и закупку нового товара.

Previous Loan Details

Svetlana is married with a son. She lives and works in Novaya Kahovka, Kherson region. She sells sportswear at a local market in her hometown. She began this business 10 years ago. Her business has grown to 30,000 Grivnyas in working capital, and provides her income of about 8,000 Grivnyas a mont... More from Svetlana'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

  • $8,000
    Average annual income
  • 2
    View loans »
    Ukraine Loans Fundraising
  • $6,185,300
    Funds lent in using Kiva
  • 8.0
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,875 helped Svetlana to purchase athletic pants, tops and suits.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2011
Listed
Oct 17, 2011
Currency Exchange Loss:
Possible
Ended:
May 18, 2012
This photo was used before for a previous loan for Svetlana. It was first posted on Kiva on Oct, 2010. Learn More