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Alexander is the owner of a small grocery store. The store is located in a moderately-sized village 24 km from Nezhin. When the time came, Alexander bought his store for $5,000. Now he has been a businessman for three years. His wife works as a saleswoman in the store. The best-selling items are bread, sausages, dairy products, and household goods. His inventory doesn't lie around unsold.

Alexander has turned to Kiva for a loan of 15,000 hryven (UAH) to remodel his store on the outside by installing new siding and roofing; and on the inside by replacing the counters and installing a good-looking, high-quality floor. For the near term, he is planning on investing all the additional income in continuing the remodeling so as to finish the entire job before winter.
View original language description ↓
Александр – владелец небольшого магазинчика, в котором он торгует продовольственными товарами. Магазин расположен в небольшом селе за 24 километра от Нежина. Магазин Александр в свое время купил за 5 000 долларов. Бизнесом занимается уже 3 года. В магазине продавцом работает его жена. Наиболее ходовыми видами товаров являются хлеб, колбасы, молочные изделия, бакалея. Товар долго не залеживается.

Александр обратился к КИВА за кредитом в 15 000 гривен с целью сделать ремонт в своем магазине, снаружи обшить его вагонкой и покрыть шифером, а внутри заменить прилавки и положить хороший, качественный пол. В ближайшем будущем планирует весь дополнительный доход продолжать вкладывать в ремонт, чтобы успеть закончить все работы до зимы.

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
  • 1
    View loans »
    Ukraine Loans Fundraising
  • $6,399,475
    Funds lent in using Kiva
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,850 helped Alexander to remodel his store by installing new siding, roofing, counters, and a high-quality floor.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Aug 23, 2012
Sep 3, 2012
Currency Exchange Loss:
Mar 17, 2014