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Marina
Marina sells women’s clothing outfits from a rented space in the local mall. Marina is married with two children. Her family is an average Ukrainian family living in the town of Novaya Kahovka. She launched her business 18 years ago in the volatile perestroika times to be able to provide for her family’s basic needs. Currently, Marina has 70,000 UAH in inventory. Monthly net profit amounts to 7,000 UAH.

Marina is requesting a loan of 17,500 UAH to purchase assorted of merchandise for sale at her mall outlet. She believes that the loan will help her meet her customers’ demands and increase selection of merchandise for the fall season. Marina realizes that at all stages in her business development, it is important for her to offer a wide variety of items in order to keep a good reputation and attract more customers. This loan will enable her to continue building a solid foundation for her business so that it will be successful for many years to come.

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

  • $8,000
    Average annual income
  • 4
    View loans »
    Ukraine Loans Fundraising
  • $6,208,075
    Funds lent in using Kiva
  • 8.0
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Marina to purchase assorted of merchandise.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2011
Listed
Jun 6, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012