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Mikhailo is married with a son and two daughters. He is a small vending entrepreneur from Khoost, Western Ukraine. Mikhailo sells groceries in a little store called “ABC." His food store is the only one on his street, which makes it a popular spot for many of his neighbors as they come home from work every night. Mikhailo has been in this business for 15 years. His net profit amounts to 5,700 Grivnyas a month.

Mikhailo is seeking a loan of 6,000 Grivnyas to increase his working capital. He is a businessman of integrity and responsibility. He has gained a solid reputation in his community. Mikhailo tries to keep his good name by keeping up the good work and meeting his customers’ demands.

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
  • 3
    View loans »
    Ukraine Loans Fundraising
  • $6,313,275
    Funds lent in using Kiva
  • 7.9
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Mikhailo to increase his working capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 27, 2010
Jun 20, 2010
Currency Exchange Loss:
Dec 15, 2010