Yelena is married and lives in Novomoskovsk. Yelena sells electric appliances in the central marketplace of her home town. She offers a variety of irons, tea kettles, TV sets and other appliances. Yelena started the business over 3 years ago with the help of her husband. A favorable location of her vending facility in a busy part of the market, as well as affordable prices, were the factors that caused the growth of her venture. Yelena receives 10,000 grivnyas of income every month.
Yelena is seeking a loan of 20,000 grivnyas to purchase small appliances for the summer tourist season, i.e. water-coolers, electric heaters, flasks, hot food containers, etc. She is planning to re-invest any generated income in further development of her enterprise. Yelena and her husband have recently purchased a small private house. They are now in the process of remodeling it.
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.