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Igor
Igor is married, and he has one daughter. He is a businessman from Zaporozhye. Igor sells sports footwear in the Yubileynyi market. His vending spot is well-known in the market because there are few other locations with the same type of merchandise and because the prices Igor offers for his products are very reasonable. He has been in this business for several years. Currently, Igor has about $2,000 worth of merchandise in inventory, and his gross income is approximately $1,200 per month.


Igor is very industrious and enterprising: he is focused on his business, and he is determined to expand his vending facility. Therefore, he is currently seeking a loan for 5,000 Grivnas ($1,050) so that he may increase his assortment of sports footwear and thereby grow his business. With the expected increase in sales and profits from the loan, he hopes to open an additional vending kiosk and to improve his family's standard of living.

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
  • 0
    View loans »
    Ukraine Loans Fundraising
  • $6,250,350
    Funds lent in using Kiva
  • 4.8
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Igor to expand his inventory and to further grow the business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 1, 2008
Listed
May 14, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2009