Update on LiliyaLiliya lives and works in the city of Melitopol. She sells tea and coffee from her retail spot at a market located near the city's train station. She has been working in this job for the past 14 years. Liliya is borrowing the sum of 17,000 hryvnia in order to carry out repairs in her kitchen and bathroom. Like many average Ukrainians, she cannot afford to pay for even the simplest cosmetic repairs. This is why financial assistance from Kiva will become a welcome solution to a problem that has been bothering her for a long time.
Сумму в 17 000 гривен Лилия берет для того, чтобы сделать ремонт в кухне и ванной комнате. Как и многие другие среднестатистические украинцы, Лилия не может позволить себе сделать даже самый простой косметический ремонт на собственные средства. Поэтому финансовая помощь от КИВА станет для нее долгожданным решением проблемы, которая уже давно не дает ей покоя.
Previous Loan DetailsLiliya has been working in the business of selling food products in market conditions for 14 years. She lives and works in Melitopol, where she sells tea and coffee, bagged and loose, at a local market. She owns her retail outlet. Liliya loves to work with these merchandise types. She is a ma... More from Liliya'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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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