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Vasya
Vasya is married. He is a small entrepreneur from Vinogradovo, where he owns a business selling fishing supplies in the local wholesale market. He started this business because he loves fishing and is an experienced fisherman himself. Vasya’s merchandise is unique in the marketplace where he works, which draws many customers to his vending kiosk. Low competition and lending assistance have helped Vasya’s business develop and keep a stable standing. In the last four years his enterprise grew to 40,000 Grivnyas in inventory, 15,000 Grivnyas in gross income and 6,000 Grivnyas in net profit each month.

Vasya is requesting a loan of 10,000 Grivnyas to increase his working capital and sales as a result. One of the most outstanding characteristics of his venture is its stability and consistent growth. We believe this current loan will help Vasya keep his business running and extend it even further. One of Vasya’s future goals is to open one more vending kiosk.

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
  • $6,186,625
    Funds lent in using Kiva
  • 8.4
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Vasya to increase his working capital.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2009
Listed
Aug 31, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2010