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Yelena

Update on Yelena

Yelena works at one of the local markets in Novaya Kahovka. She sells children's outdoor clothing. She has been involved in retail for 10 years already. She has her own store but she needs to rent the land from the market administration.

Yelena needs an additional 5,000 hryvnia in funds, in order to go and buy an assortment of children's summer clothes.
View original language description ↓
Елена работает на одном из местных рынков Новой Каховки. Торгует детской верхней одеждой, в торговле занята уже 10 лет. Бутик имеет свой, но приходится арендовать землю у администрации рынка.
Елене понадобились дополнительные средства в размере 5 000 гривен для того, чтобы съездить закупить летний ассортимент детской одежды.

Previous Loan Details

Elena is an entrepreneur from Novaya Kahovka. She has been working with trade of children's clothing at the village market for 9 years already. Currently her working capital is 15,000 hryvnia. Her net income is around 5,000 hryvnia. Elena needs a loan of 5,000 hryvnia in order to supplement the… More from Yelena'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 Ukraine

  • $8,000
    Average annual income
  • 1
    View loans »
    Ukraine Loans Fundraising
  • $6,145,200
    Funds lent in using Kiva
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Yelena to buy an assortment of children's summer clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 30, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013