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Svetlana is a widow who supports herself and her family with a hair salon business. Her husband passed away in 2005. Since that time she has been raising their three children, the oldest of whom is about 17. Her business has been a very important source of income for her. She has extensive experience in this area, having been in business for over 15 years. She currently has a good location for her business in a prominent part of the city.

Svetlana has requested a loan so that she can have some remodeling done to her salon. She hopes to be able to attract new clients and increase her profits. Svetlana has been a client with Hope Intl-Nadiya Ukraine since 2004. She has a great credit history and a very good support group. We are excited to have another opportunity to assist her in operating a successful business.

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
  • 4
    View loans »
    Ukraine Loans Fundraising
  • $6,300,650
    Funds lent in using Kiva
  • 4.7
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Svetlana remodel her hair salon.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jul 2, 2008
Jun 18, 2008
Currency Exchange Loss:
May 15, 2009