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For one year Nikolai has operated a little business in Khoost, Ukraine selling electric supplies. Nikolai is single and commits all his time to his business. He decided to work in this sphere of trade because this type of merchandise does not spoil as food does, which makes it easier to store.

Nikolai has benefited from the support of Hope Intl-Nadiya Ukraine as he has built his business. He has been able to dramatically increase his amount of inventory on hand in the year that he has been in this trade. Nikolai believes this loan of $1075 US will allow him to offer a much more attractive product selection to customers and be better able to meet customer demand. One day Nikolai is hoping to open a new vending store of his own.

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 Nikolai to increase turnover capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 4, 2008
Jun 20, 2008
Currency Exchange Loss:
Jan 15, 2009