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Yelena is characterized as a very dedicated entrepreneur simply because she will not rest until she has sold at least something she has to offer. Whether in the cold or the scorching heat she has amazing perseverance in her business. Yelena owns a small kiosk at the central market in Berdyansk, where she sells women’s clothing and shoes. She has about 40,000 Ukrainian Hrivna, about $8000, invested in inventory and her net profit comes to 12,000 Hrivna or about $2400 per month.

Yelena and her husband, Vadim, have two wonderful children. Many times their friendly and joyous family can be seen together at the market. According to Yelena, her family gives her all the support needed for her business to be a success.

At the current stage of her business, Yelena would like to boost the variety of seasonal shoes she has to offer. She has asked for a loan of $1,200 to accomplish this goal.

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

  • $8,200
    Average annual income
  • 6
    View loans »
    Ukraine Loans Fundraising
  • $6,400,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Yelena to purchase seasonal shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 24, 2007
Jun 9, 2007
Currency Exchange Loss:
Dec 12, 2007