Lubov has developed a successful small business by selling very practical items – socks and hosiery. Her kiosk at the Rushski market in Melitopol is stocked with a colorful selection of socks, leggings and women’s hosiery. In a typical month, Lubov sells about $2,000 worth of products and makes around $840 in profit. One of the things she likes about this type of retail operation is how easy it is to handle small items, such as socks, rather than other, larger items. She is also helping her daughter establish a small enterprise. Lubov has requested a loan of $900 for her own business to purchase new products and maintain an adequate inventory.
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.