Update on MariaMaria was able to successfully and quickly sell her previous inventory because grocery sales are always steady, and there is always big demand for sweets. Having increased her income, Maria was able to carry out renovations in her apartment. Very recently, Maria became a grandmother. She is now seeking a loan of 21,000 Ukrainian Hryvnya to purchase candy, cookies, and other sweets to sell. Having a large selection of goods will allow her to increase her income even more.
Мария обратилась за суммой в 21 000 гривен для того, чтобы закупить конфеты, печенье и другие сладости под реализацию. Имея большой выбор товаров, Мария сможет тем самым увеличить свой доход еще больше.
Previous Loan DetailsMaria sells food products at the produce market. Maria is requesting a loan for the expansion of her product variety. She hopes to be able to retain old customers and attract new customers. Not long ago, Maria's daughter fell ill with an eye condition. For Maria, it was a particularly trying ... More from Maria'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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