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Ludmila

Update on Ludmila

Ludmila has used KIVA loans several times and considers them very helpful to her business. Last time, thanks to a KIVA loan Ludmila increased the quantity of goods she has for sale and earned additional income. Now Ludmila wants to buy seasonal goods - artificial flowers, which sell well in spring. She hopes to earn additional income and improve life for her family. Ludmila is asking for a 21,000 hryvnia loan. Ludmila takes repayment seriously and always repays loans responsibly and on time.
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Людмила уже несколько раз пользовалась КИВА кредитами и считает их очень выгодными для своего бизнеса. В прошлый раз благодаря КИВА кредиту Людмила увеличила объем продаваемого товара и получила дополнительную прибыль. Сейчас Людмила хочет закупить сезонный товар - искусственные цветы, которые хорошо продаются весной. Она надеется получить дополнительную прибыль и улучшить быт своей семьи. Людмила просит предоставить ей кредит в размере 21,000 гривен. Людмила всегда ответственно относится к выплатам и выплачивает их вовремя.

Previous Loan Details

Ludmila has developed a business with several outlets at the market. She skillfully manages the business, so things are going well. Last time, Ludmila took out a loan in order to expand the business by filling a new kiosk with merchandise. Currently, she has requested a loan in the amount of 21,0... More from Ludmila'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.

Tags

About Ukraine

  • $8,200
    Average annual income
  • 0
    View loans »
    Ukraine Loans Fundraising
  • $6,250,350
    Funds lent in using Kiva
  • 9.4
    Ukraine Hryvnia (UAH) = $1 USD