Update on LarisaLarisa is from Melitopol. She trades women's clothing in one of the local markets. She has had her own trade spot for a long time; her work experience spans 17 years.
Larisa plans to buy a parcel of goods for 10,000 hryvnia to be sold in the autumn, namely sweaters, blouses, skirts, and more. Larisa likes to develop and grow professionally. She plans to continue to invest her efforts and finances in the business, gradually expanding it.
Лариса планирует закупить партию товара на 10 000 гривен для реализации в осеннее время года, а именно, кофты, блузы, юбки и прочее. Ларисе нравится развиваться и профессионально расти, она планирует и в дальнейшем вкладывать силы и финансы в свое дело, постепенно расширяя его.
Previous Loan DetailsLarisa sells women's clothing at a market. Thanks to the previous loan, she purchased sweaters, pants, blouses and earned an additional profit from sales. This time, Larisa is requesting a loan to purchase spring merchandise - light blouses and shirts. Larisa is optimistically awaiting spring ... More from Larisa'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