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Olena
Olena is a widow with two children. She is the only breadwinner in the family. Olena runs a business selling men's clothing in the local market. She has been in this business for 16 years. Olena is very decisive and determined. Her commitment and hard work has ensured a stable expansion of her business.

Olena is asking for a loan of 5000 Grivnas to increase her current working capital. She is planning to get a bigger selection of merchandise introducing new items in her kiosk. The loan will not only help her re-supply her inventory and increase her clientele and guarantee a job for one of her employees. It will also provide for her family of three.

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
  • 4.6
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Olena to increase turnover capital.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 8, 2008
Listed
Aug 22, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009