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.
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.