Update on AllaAlla sells women's shoes. She lives and works in Belaya Tserkov in the Central Ukraine. Alla works on one of the largest local markets. Her business advantages are that the shoes that she sells are high quality without high markup because she buys them directly from the manufacturer and not the middlemen. Alla sells on the market and has two locations and also a store where she has been selling for seven years. Her clean profit is a little bit more than 4,000 hryvnia.
Alla needs a loan in the amount of 15,000 hryvnia to she can buy a batch of spring shoes.
Сумма в 15 000 гривен понадобилась Алле для того, чтобы закупить партию весенней обуви.
Previous Loan DetailsAlla, who lives with her husband and two children in a small two-bedroom apartment, has owned and operated a small business selling women’s shoes for sevn years. After graduating from a local trade school (having obtained a sewing specialty), Alla could not find a job and so first worked as a sa... More from Alla'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.
5View loans »