Update on LesyaLesya took out her last loan to buy an assortment of spring shoes. With the addition of her loaned funds, she was able to increase her income, but not expand her business. The profit she earned was invested in an apartment for her son in a different region of the city. She was also able to furnish it, buy a washing machine, and a large refrigerator.
As usually happens with the entrepreneurs at the market, and not just with them, January and February are the worst months for revenues. They simply drop of a cliff. Because of this Lesya, like many others, again applied for assistance with financing.
Right now, Lesya has two sales outlets open. Demand isn't very high since it's only winter and not summer. However, she is planning to open a third, supplemental sales outlet in the near future.
Как обычно бывает у предпринимателей-рыночников, да и не только, январь и февраль самые худшие месяцы в плане выручки, просто обвал. Поэтому многие, в том числе и Леся, снова обратилась за кредитной помощью.
Сейчас Леся работает на 2 торговые точки, так как зима, а не лето, спрос не столь высокий. Но в скором времени она планирует открыть третью, дополнительную торговую точку.
Previous Loan DetailsLesya is married. Her husband's name is Vadim. Together they have a grown son. Lesya has her own business, she sells women's shoes. She selects the merchandise correctly and almost every customer can find what she is looking for. Lesya is diligent and hardworking. A stable profit is very important… More from Lesya's previous loan »
About HOPE UkraineHOPE 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.
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Success!! The loan was 100% repaid
- Repayment Term
- 6 months (Additional Information)
- Repayment Schedule
- Feb 2, 2012
- Mar 3, 2012
- Currency Exchange Loss:
- Jul 15, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.