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Ashot is a farmer from Kamenka. He grows vegetables for sale. Ashot owns 3 big greenhouses and a separate one for seedlings. He has been working in this area of agriculture for 7 years. Presently, he has already invested about 120,000 Grivnyas in his enterprise. He spends about 40,000 Grivnyas on seeds and polyethylene film every year.

Ashot is planning to use the loan of 15,000 Grivnyas to install heating units in two of his greenhouses. He is hoping to plant 5,000 tall-grown tomatoes this farming season. Ashot has experienced profitability of this business in his region. He is looking forward to working just as hard and to see his venture expand even more and bring him stable income.

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
  • 6
    View loans »
    Ukraine Loans Fundraising
  • $6,342,325
    Funds lent in using Kiva
  • 8.0
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,900 helped Ashot to install heating units in 2 greenhouses.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Oct 29, 2010
Nov 13, 2010
Currency Exchange Loss:
Jul 18, 2011