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Update on Larisa

Larisa lives in Novaya Kahovka. She sells at one of the local markets and leases her retail outlet land from the administration. Larisa sells vinyl products, mosquito nets, table cloths and napkins. She plans to invest the loan in the amount of 21,000 hryvnia to purchase vinyl products, specifically table cloths, napkins, etc. She wants to travel for the merchandise to a wholesale depot, where all of this can be purchase at wholesale prices. Larisa intends to continue running this business and building her customer base further.
View original language description ↓
Лариса живет в Новой Каховке. Она торгует на одном из местных рынков, арендуя землю под торговое место у администрации. Лариса торгует клееночной продукцией, москитными сетками, скатертями, салфетками.
Лариса планирует вложить кредит в размере 21 000 гривен в закупку клееночной продукции, а именно, скатертей, салфеток и т.д. Она хочет съездить за товаром на оптовую базу, где все это можно приобрести по оптовым ценам. Лариса настроена продолжать заниматься бизнесом, нарабатывать клиентскую базу дальше.

Previous Loan Details

Larisa is en entrepreneur. She works at a market in Novaya Kahovka. She sells vinyl table clothes, napkins, table clothes and mosquito nets. Larisa has been engaged in the business for 16 years. She currently has 20,000 hryven worth of goods. Her net profit sometimes amounts to 7,000 hryven. ... More from Larisa'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
  • 10
    View loans »
    Ukraine Loans Fundraising
  • $6,534,900
    Funds lent in using Kiva
  • 8.2
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,575 helped Larisa to purchase vinyl products, specifically table cloths, napkins, etc.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Oct 10, 2012
Oct 19, 2012
Currency Exchange Loss:
Nov 17, 2013