Update on AntoninaThis is not the first time Antonina uses Kiva's services. She took her last loan in November of 2011, and used it to expand her business. The winter season was difficult, with adverse weather making work hard, and business was slow. Nevertheless, Antonina was able to make profits and even bought some household appliances.
This time, Antonina is taking a loan of 12 000 hryvnia in order to purchase seasonal women's clothing for sale during summer. Every Ukrainian family tries to find a way to rest and revitalize in the summer, and Antonina's family is no exception. She hopes to use her profits from sales of additional merchandise to pay for her family's vacation at a resort in Kirillovka on the sea of Azov.
В этот раз Антонина берет новый кредит в размере 12 000 гривен с целью закупить сезонную женскую одежду для последующей реализации летом. Каждая семья в Украине пытается найти какой-то способ немного оздоровиться и отдохнуть летом. Семья Антонины не исключение. Антонина тоже надеется вложить сумму, полученную от реализации дополнительно приобретенного товара в отдых семьи на базе отдыха в Кирилловке, на Азовском море.
Пометка: история на русском языке
Previous Loan DetailsAntonina lives in Melitopol together with her daughter, Anastasia. She is involved in selling women's clothing at her town's central market. This is not her first year in this business, and she has a good retail location and affordable prices. Over the 15 years of work, Antonina was able to… More from Antonina'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
- 8 months (Additional Information)
- Repayment Schedule
- May 24, 2012
- Jun 24, 2012
- Currency Exchange Loss:
- Dec 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.