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Sergei is a private businessman from Novomoskovsk. He owns a vending location in the local marketplace called Slavyanskyi. Sergei sells sportswear items. His vending facility is known for the best assortment of merchandise among other market vendors working with similar type of inventory. Sergei has been in this business for over 5 years. Presently, he has about 50,000 Grivnyas in inventory.

Sergei is seeking a 20,000 Grivnya loan to purchase caps and sweatsuits to diversify his merchandise this spring season. He is hoping to continue growing his business and generate stable income this summer to be invested in a purchase of a vending facility in fall. His business is the only source of income for the family.

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
  • $6,400,750
    Funds lent in using Kiva
  • 8.0
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,525 helped Sergei to purchase caps and seasonal sportswear to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 22, 2011
Apr 15, 2011
Currency Exchange Loss:
Mar 15, 2012