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Oleg
Oleg is married and has two kids. He sells men's clothing at one of the markets in Melitopol city. He has been in this business for 12 years. He has always tried to offer his clients large variety at affordable prices. His profit is about 5,000 UAH per month. The clothing business is the only source of income for this family. Oleg uses the profit to help his parents to survive economically as well.
Oleg would like to borrow 12,200 UAH to increase his inventory. He is going to use the loan to purchase more clothing for the season. Oleg is very optimistic and believes he can develop this business even more.

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.

About Ukraine

  • $8,000
    Average annual income
  • 1
    View loans »
    Ukraine Loans Fundraising
  • $6,185,300
    Funds lent in using Kiva
  • 7.6
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Oleg to increase his inventory of men's clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2009
Listed
Jun 11, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009