Update on IvannaIvanna is a businesswoman from Khoost. She has worked in retail for a few years and sells rubber boots and sneakers, as well as children tights, socks and underwear. She employs another helper in her business. Ivanna is in constant competition with other retailers on the market, but she has found a good solution: Ivanna has a lucrative system of discounts for regular customers.
Ivanna plans to invest her 4000 griven loan from Kiva into purchasing a batch of sneakers which are popular among the young people this fall, and will be able to increase her purchasing capital as the result.
Иванна планирует вложить кредит от КИВА в размере 4 000 гривен в приобретение партии спортивных кед, которые сейчас пользуются спросом среди молодежи, тем самым пополнив свои оборотные средства.
Previous Loan DetailsIvanna is married and she has two children. She does small business in her hometown of Khoost in the Zakarpatiye region. She is renting out a space in the warehouse at the market entrance where she sells shoes: in the summer time she sells sneakers, slingbacks and sandals and in the fall she sell... More from Ivanna'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
- 3 months (Additional Information)
- Repayment Schedule
- At end of term
- Sep 5, 2012
- Sep 21, 2012
- Currency Exchange Loss:
- Nov 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.