Sergey is married with two grown children. He is a businessman from Novomoskovsk. Sergey sells bags, backpacks, suitcases, etc. He also offers leather accessories repair services. His wife is a KIVA borrower, too. Currently, Sergey has 80,000 Grivnyas in inventory. His income amounts to 15,000 Grivnyas a month.
Sergey is seeking a 12,000 Grivnya loan to purchase merchandise for his new store location. Sergey started his business as a small market vendor 2 years ago. Recently, he switched his sales location from the marketplace to a rented facility in a local mall called "City" in downtown Novomoskovsk. The floor space is about 861 square feet. Sergey works hard to help his family. His 2 year old grandson has a serious blood disorder and Sergey tries to make enough money to supply him with the necessary medication.
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.