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Update on Svetlana

Svetlana is a businesswoman that sells beverages. Thanks to her last loan, she purchased a refrigerator which allowed her to expand her business. This time, Svetlana is asking for an loan to make repairs to her apartment. She lives in an apartment building and when her neighbors living above her broke a water pipe, her apartment flooded. She plans to make repairs to the bathroom, kitchen, fix the ceiling and change the wallpaper.
View original language description ↓
Светлана - предприниматель, торгует продуктами питания. Благодаря прошлому кредиту она купила холодильную камери и смогла расширить свой бизнес. В это раз Светлана просит предоставить ей кредит на ремонт квартиры. Она живет в многоэтажном доме, и когда у соседей сверху сломался водопровод, ее квартиру залило водой. Она планирует сделать ремонт в ванной комнате и кухне, исправить потолок и поменять обои.

Previous Loan Details

Svetlana is asking for a loan to increase the range of her commodities. With the additional income, she plants to buy a refrigerated room. Svetlana plans to expand her business and, if possible, open another outlet. Svetlana lives with her husband in their home. With a previous loan she was able ... More from Svetlana'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 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.

About Ukraine

  • $8,200
    Average annual income
  • 7
    View loans »
    Ukraine Loans Fundraising
  • $6,400,325
    Funds lent in using Kiva
  • 8.2
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,850 helped Svetlana make repairs to her apartment.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 1, 2013
Mar 2, 2013
Currency Exchange Loss:
Mar 17, 2014