Update on SvetlanaSvetlana lives in Nikopol. She sells women's knitwear, underwear, robes, pajamas and other clothing. Svetala used the previous Kiva loan to increase the assortment of spring clothing. She has two vendor locations: one is in the rented out store and the second one is on one of the local markets. The sales were good and now Svetlana needs additional finances to make additional inventory purchases. A wider selection of inventory will help Svetlana grow her business further and also the income from the loan will help her children financially.
Previous Loan DetailsSvetlana lives in the city of Nikopol. She works selling clothing, specifically, women's knitwear, undergarments, housecoats, pajamas etc. She sells in two places, one in a rented store and the other in one of the local markets, and has two employees. She has had this business for about 17 years.... 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
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3View loans »
- Repayment Term
- 26 months (Additional Information)
- Repayment Schedule
- Apr 9, 2014
- May 10, 2014
- Currency Exchange Loss:
- Mar 17, 2015
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.