Update on ImilyaImilya sells women's clothing and shoes. Thanks to a previous loan she was able to purchase winter inventory of clothing and shoes and earned additional profits. Now Imilya is requesting a loan to purchase spring inventory. She is planning to purchase the clothing wholesale in Odessa where she will buy socks, track suits and other clothes and shoes. Imilya plans to expand her business, open a second sales location and hire another sales person.
Сейчас Имилия просит предоставить ей кредит для закупки весенней одежды. Она планирует поездку на оптовый рынок в Одессу, где она хочет закупить носки, спортивные костюмы, другую одежду и обувь.
Имилия планирует расширение своего бизнеса, открытие новой торговой точки, где она хочет поставить наемного работника.
Previous Loan DetailsImiliya sells women's clothes and shoes. She used a previous loan to expand her store's stock and was able to earn additional profits, which she used to improve her living conditions. This loan is needed to purchase women's winter clothes and boots. Imilya hopes that a wide selection of goods... More from Imilya'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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Success!! The loan was 100% repaid