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Update on Vera

Vera is a widow and raising her children by herself. She has her own business - she sells yarn, threads, beads and embroidery. Thanks to the previous Kiva loan, she was able to earn an additional profit and pay for her children's education. Vera's merchandise is popular, and she always has a lot of customers. Vera is requesting another loan in the amount of 5,000 hryvnia to buy merchandise. She hopes to completely resell the purchased merchandise once again and improve her family's living conditions with the earned profit.
View original language description ↓
Вера – вдова, детей воспитывает сама. Она имеет свой бизнес - продает пряжу,нитки, биссер, вышивку. Благодаря предыдущему КИВА кредиту она смогла получить дополнительную прибыль и оплатить учебу детей. Товар у Веры популярный, у нее всегда много покупателей. Вера просит предоставить ей еще один кредит в сумме 5,000 гривен на закупку товара. Она надеется снова полностью реализовать приобретенный товар и улучшить условия проживания своей семьи за счет полученной прибыли.

Previous Loan Details

Vera is a widow raising her children by herself. She struggles with financial security. Financial support will not only help her stay afloat, but will help her children get on their feet. She has turned to Kiva for a loan of 5000 griven in order to buy necessary inventory, namely thread, yarn,... More from Vera'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

  • $8,200
    Average annual income
  • 3
    View loans »
    Ukraine Loans Fundraising
  • $6,399,475
    Funds lent in using Kiva
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Vera to buy yarn, threads, beads and embroidery for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 15, 2013
Aug 23, 2013
Currency Exchange Loss:
Mar 17, 2014
This photo was used before for a previous loan for Vera. It was first posted on Kiva on Mar, 2013. Learn More