Update on NataliyaNataliya is requesting a loan from Kiva for the third time. These credit services contributed significantly to her business condition: the profit amount and income increased compared to the previous period of last year. Nataliya was also able to expand her merchandise selection and improve the family's welfare. She plans to use this Kiva loan in the amount of 20,000 hryvnia to purchase various dishware, Belorussian crystal and souvenirs for subsequent sale at her retail kiosk. This is the period when sales are neither very good nor bad, and this is why she does not have her own means to increase turnover, but needs to purchase enough merchandise to last until December because there are a lot of visiting customers in August.
Наталия планирует использовать полученную от КИВА сумму в размере 20 000 гривен для того, чтобы приобрести разнообразную посуду, белорусский хрусталь и сувениры для последующей реализации в своем торговом киоске. В этот период торговля не очень хорошая, но и не плохая, поэтому собственных средств на пополнение оборота сейчас не хватает, а товар нужно подкупить, чтобы было чем торговать до декабря, так как в августе много приезжих покупателей.
Previous Loan DetailsNataliya is married and raising two children. She is a businesswoman from Ordzhonikidze. Natalia sells various dishes: cups, plates, cups, teaspoons, tablespoons, coffee sets, and various souvenirs. She has three shops: one of them is in a large shopping mall, where more affluent shoppers go and... More from Nataliya'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:
- Aug 27, 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.