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Ararat is married with three sons. He and his wife have a family business - growing early spring vegetables (tomatoes, cucumbers, etc) in greenhouses. They have been in this business for eight years. Hard work and persistence have helped them to develop this business well. Today, Ararat has got three large greenhouses to grow the vegetables.

Last year, Ararat got his first micro loan and found it very helpful for his business. This year, he would like to borrow 15,000 hryvnias to build one more greenhouse that would allow him to increase the sales in spring.

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
  • 4
    View loans »
    Ukraine Loans Fundraising
  • $6,300,650
    Funds lent in using Kiva
  • 8.0
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,900 helped Ararat to build one more greenhouse.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Nov 24, 2010
Dec 14, 2010
Currency Exchange Loss:
Sep 15, 2011