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Update on Olga

Olga sells office supplies and printed materials. She has two outlets at the market in Pavlograd. Last time, she took out a loan to purchase merchandise for the second outlet. Business was good, and demand has increased. This time, she has requested a loan for the purchase of stationery for the school season. Demand has grown this season, and she does not have sufficient means. Olga lives with her husband and adult son in a 2-room apartment. The family is close-knit. Her adult daughter lives separately with her own family. Olga plans to repair her apartment.
View original language description ↓
Ольга торгует канцтоварами и печатной продукцией. Имеет на рынке в Павлограде уже две точки продаж. Прошлый кредит брала на закупку товара для второй точки. Бизнес пошел хорошо, спрос увеличился. В этот раз просит предоставтиь ей кредит на закупку канцтоваров к школьному сезону. Сезонно вырос спрос и ей не обойтись своими средствами.

Ольга проживает с мужем и взрослым сыном в 2-х комнатной квартире, семья дружная, взрослая дочь живёт со своей семьёй отдельно. Ольга планирует сделать ремонт в квартире.

Previous Loan Details

Olga is from Pavlograd. She works in the city's central market where she sells office supplies. Her shop is located on a central aisle, which clearly contributes to her high levels of sales. Olga has already been in this business for more than 5 years. Her monthly income is around 6,500 hryve... More from Olga'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
  • 2
    View loans »
    Ukraine Loans Fundraising
  • $6,441,575
    Funds lent in using Kiva
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,600 helped Olga to buy school supplies.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Aug 1, 2013
Aug 18, 2013
Currency Exchange Loss:
Aug 17, 2014