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Olena is married. She sells various cosmetic items at a market in Kherson city. Olena started this business about 10 years ago. At that time she lost her job and needed a source of income. She knew some friends who already were involved in a sales business. She decided to try and the attempt was successful!

Today Olena has many customers and always offers them good quality products at affordable prices. Olena would like to borrow 15,240 UAH to increase her assortment. She has tried small business loans several times and has found them to be a good aid for her business.

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
  • 1
    View loans »
    Ukraine Loans Fundraising
  • $6,345,475
    Funds lent in using Kiva
  • 7.6
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Olena to increase her inventory of cosmetics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 2, 2009
Jun 23, 2009
Currency Exchange Loss:
Jan 15, 2010