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Olga owns a successful clothing and shoe sales business located at the Victoria market in Nicopol, Ukraine. She has been selling in the market for about seven years. Her business has benefited from a good sales location and constant demand for her products. Olga tries to offer good prices to her customers while still making a profit. A normal monthly income from her business is around $600. Olga is married and has two kids, and her business is a good source of income for her family.

Olga has requested a loan of $1200 to increase her product inventory. This is a busy time of the year for many market vendors as people purchase new winter clothing and get ready for the upcoming New Year and Christmas holidays. By purchasing additional inventory, Olga will be better prepared to meet increased demand and earn a good 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
  • 7
    View loans »
    Ukraine Loans Fundraising
  • $6,400,325
    Funds lent in using Kiva
  • 5.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Olga purchase inventory.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jan 2, 2008
Dec 18, 2007
Currency Exchange Loss:
Jun 22, 2008