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Ruslan
Ruslan is married with a 4 year old child. He lives in Kamenka. Ruslan owns an auto accessories store in his hometown. His little vending place is located right in downtown Kamenka, which makes it a popular stop for car owners. He sells tires, acoustic systems, and car parts. Ruslan started this business 11 years ago. Presently, he has about 150,000 Grivnyas invested in this business. His turnover capital is about 30,000-40,000 Grivnyas. Net profit amounts to 5,000-6,000 Grivnyas a month.

Ruslan is hoping to invest this loan of 18,150 Grivnyas in the purchase of summer rubber tires that always sell well in spring and summer. He believes a diversified assortment of merchandise will help meet clients’ demands. Ruslan has proved to be a responsible borrower, having repaid all previous loans without any late payments. One of his long term plans is to start a second venture and open a grocery store some day.

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
  • 4
    View loans »
    Ukraine Loans Fundraising
  • $6,300,650
    Funds lent in using Kiva
  • 7.9
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,325 helped Ruslan to purchase summer rubber tires.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2010
Listed
Mar 18, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010