Update on SvetlanaFor three years, Svetlana has worked as a decorator for weddings and other celebrations in the city of Khoost . She works from home, and she also has a warehouse. Her best advertisements come from social media. Svetlana takes orders by phone and the internet. Not only does she make a living, but she also helps her younger sisters financially. She values every penny because she worked for it. Svetlana needs 15,000 hryvnia to buy fabric to decorate venues and cars for weddings. Svetlana is hoping to renovate her home and invest a large sum in the business. Moreover, she has long dreamed of owning her own flower shop, since she loves make flower arrangements and decorate rooms with them.
Светлане нужна сумма в 15 000 гривен для того, чтобы приобрести ткани для декора залов, а также оформления свадебных автомобилей. Светлана надеется сделать дома ремонт и вложить очередную крупную сумму в бизнес. Более того, она давно мечтает о собственном цветочном магазине, так как очень любит изготавливать украшения из живых цветов и декорировать ими помещения.
Previous Loan DetailsSvetlana used her previous loan for dentistry work. In the past year she has grown her business - making wedding decorations and decided to stop working as a preschool teacher as she earned a very small salary there. Svetlana is a very active and goal oriented young woman. Her goal is to expan... More from Svetlana'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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