Update on TatyanaTatyana is using the Kiva loan program for the third time. Each time, the timely help provided her business an opportunity to grow and evolve, thanks to which Tatyana’s family was able to enjoy dignified living conditions in spite of difficult economic times and ongoing overall price hikes. Since her last loan, Tatyana has been able to complete a full renovation of her apartment, install new windows, and renovate the kitchen, bath and toilet, which is something she had wanted to do for a long time.
Tatyana would like to invest the obtained 15,000 UAH into buying cosmetics and high-end fashion jewelry from Germany, in order to sell these wares in her store and increase her revenues.
Татьяна хотела бы вложить полученные средства в размере 15 000 гривен в покупку косметических средств и дорогой бижутерии из Германии, чтобы реализовать их в своем торговом павильоне и получить дополнительную прибыль.
Previous Loan DetailsTatyana is married. She has an eleven-year-old daughter, Dasha. Tatyana lives and works in Ordzhonikidze. She sells cosmetics and perfumes, as well as different products for personal care, for both men and women. Tatyana has a spacious shop in a convenient place in the main thoroughfare of a big… More from Tatyana'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
- 13 months (Additional Information)
- Repayment Schedule
- Jul 6, 2012
- Jul 18, 2012
- Currency Exchange Loss:
- Jul 17, 2013
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.