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Olena
Olena is married. She has a kiosk in Kherson city selling various items: dishes, pots, cosmetics and some clothing. 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 were already 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. Her large variety of items allows Olena to have the same level of income throughout the different seasons. Olena has taken out small business loans before and found them to be a good aid for her business. This time Olena would like to borrow 15,000 UAH to purchase more inventory and increase her assortment of goods.

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
  • 7.9
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,900 helped Olena to purchase inventory.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2010
Listed
Jun 18, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011