Update on NatashaNatalya has used Kiva's financial assistance in the past. Her previous loan allowed her to expand the range of goods she sells and increase her clientele. Nevertheless, she does not want her business to plateau. She plans to use a Kiva loan of 5,000 Ukrainian Hryvnya to stock up on handbags and belts which will allow her to increase her assortment of goods and her turnover, and improve the standard of living of her whole family.
Наталия планирует использовать полученную от КИВА сумму в 5 000 гривен для того, чтобы закупить сумки, ремни и увеличить тем самым свой ассортимент, оборот и уровень жизни всей семьи.
Previous Loan DetailsNatasha has already used up a previous loan from Kiva. The loan helped her to expand her inventory and gain more clients. Despite these accomplishments Natasha does not want to stop and is dedicated to taking her business to a new level. She would like to take out a loan of 5000 griven to purchase… More from Natasha'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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