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Rimma

Update on Rimma

Rimma is a widow and has two adult daughters. She owns a business of selling women's and adolescent clothing. Adolescent dresses, blouses, skirts, sweaters and cardigans sell the most. Rimma has been involved in this business for 14 years. Over this period of time, she acquired experience and regular customers, both of which are important for successful sales. Rimma is requesting this loan to purchase school uniforms for the autumn. Currently, she can purchase the uniforms wholesale at an advantageous price, which would help her to make an additional profit in August. Rimma plans to develop her business further and increase her goods turnover.
View original language description ↓
Римма вдова, имеет двое взрослых дочерей. Римма владеет бизнесом по продаже женской и подростковой одежды. Больше всего продаются подростковые платья, блузки, юбки, свитера, кофты. Занимается она этим бизнесом уже 14 лет. За это время она приобрела опыт и постоянных клиентов, что важно для успешной торговли.

Римма просит предоставить ей кредит на закупку школьной одежды на осень. Сейчас она может купить ее оптом по выгодной цене, что поможет ей получить дополнительную прибыль в августе. Римма планирует развивать свой бизнес дальше и увеличивать торговый оборот.

Previous Loan Details

Rimma lives and works in Kahovka, Kherson region. She is involved in selling women's and adolescent clothing at one of the local markets. Rimma has been in this business for 14 years. Her net profit amounts to about 7 000 hryvnia. Rimma needs a loan in the amount of 10 000 hryvnia in order to... More from Rimma'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
  • 4
    View loans »
    Ukraine Loans Fundraising
  • $6,208,075
    Funds lent in using Kiva
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,475 helped Rimma to purchase school uniforms and clothing at an advantageous price for subsequent resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2012
Listed
Jul 23, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013