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Update on Elena

Elena works as a market vendor and sells women's clothing such as slacks, pants, sweaters, jackets, etc. Her retail outlet is ideally located, which is good for business. Elena is a responsible, honest and punctual client who has always repaid her loans on time. She currently needs a loan to buy women's clothing in bulk quantities.
View original language description ↓
Елена торгует на рынке женкской одеждой: брюки, штаны, кофты, куртки, пр. Торговая точка Елены расположена в удачном для торговли месте. Елена - клиент ответственный, порядочный и пунктуальный, по кредитам платит всегда без опозданий. В этот раз кредит понадобился Елене для оптовой закупки женской одежды.

Previous Loan Details

Elena is married and has one child. She sells children's clothing at an open-air market in Berdyansk town. Elena has been in this business for 6 years. She enjoys this business and manages it well. Elena has a large variety of inventory and offers affordable prices. She is the only vendor who... More from Elena'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
  • 5
    View loans »
    Ukraine Loans Fundraising
  • $6,552,350
    Funds lent in using Kiva
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Elena to buy women's clothing.
100% repaid
Repayment Term
3 months (Additional Information)
Repayment Schedule
At end of term
Nov 19, 2012
Nov 28, 2012
Currency Exchange Loss:
Jan 15, 2013
This photo was used before for a previous loan for Elena. It was first posted on Kiva on Jun, 2011. Learn More