Yuryi is a small business owner from Kamenka. He sells food items in the local market (e.g., cereal, canned food, tea, coffee, etc.). His merchandise is priced affordably, which attracts many potential customers to his kiosk. Many Ukrainian families try to cut their budgets and save on shopping expenses. Yuryi's reasonable pricing policy and good quality groceries have kept him in business for seven years. Currently, he has about 60,000 UAH in inventory. His net profit amounts to 6,000 UAH a month.
Yuryi is requesting a loan of 8,221 UAH to purchase additional merchandise for his kiosk to meet growing customer demand. As Yuryi has clients with different incomes, he is trying to re-stock his inventory and offer a variety of groceries in different price ranges. He is hoping to continue growing his business and keeping it sustainable despite any economic challenges.
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.