Update on RimmaRimma's business is the sale of women's and misses clothing at the local market. She sells dresses, trousers, skirts, blouses, jackets and sweaters. She rents a trading stall at the administrative market. Rimma has been in this line of work for 15 years. She has a steady stream of clients and her prices are competitive. Rimma has received an offer to buy spring clothing at a good price for subsequent retail sale. She hopes to spend 21,000 hryvnas, received with Kiva's help, to increase her assortment of goods and to receive a decent income. Rimma plans on continuing to invest back into her business and to increase her trade.
Римма получила предложение на закупку весенней одежды по выгодным ценам для последующей розничной реализации. Она надеется вложить 21 000 гривен, полученных от КИВА, для того, чтобы пополнить свой ассортимент и получить неплохую прибыль. Она намерена и дальше планомерно вкладывать средства в развитие своего дела и планомерно развивать его.
Previous Loan DetailsRimma is a widow and has two adult daughters. She owns a business of selling women's and adolescent clothing. Adolescent dresses, blouses, skirts, sweaters and cardigans sell the most. Rimma has been involved in this business for 14 years. Over this period of time, she acquired experience and… More from Rimma'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