HOPE has been operating in Ukraine since 1997. Ukraine was HOPE's first country of operation and since inception, over 30,000 loans have been distributed in total. Known as Nadiya (Hope in Ukrainian), branch offices in Ukraine are located in 16 towns in across Ukraine (in Western, Eastern and Central parts). The central (administrative) office is in Kiev.

In addition to the microfinance program, HOPE also supports an active children's ministry in Ukraine. Tomorrow Clubs are after-school programs that teach children the gospel through games, skits and songs. Summer camps are run throughout the summer to serve areas where there are few churches and other ministry.

HOPE International Ukraine can be contacted via email at reception.nadezhda@gmail.com

Listen to an interview with Peter Greer, President of Hope International, here.



September 11, 2011 Update
 
As part of an ongoing effort to fully migrate risk ratings to our new and enhanced risk rating system, Kiva has conducted a re-assessment of the level of risk posed by this institution.
 
During this re-assessment, our analysts were able to gather updated operational and financial information about the institution, as well as speak with key members of the staff. 
 
The information gathered during this process, together with the Kiva's new risk rating system and half-star support, has led us to revise HOPE Ukraine's risk rating from 4 to 3 stars. The analysts have found that HOPE Ukraine's risk variables, reviewed in the new risk rating model, were most representative of a 3-Star rating.
 
We have prepared a blog post with more information on Kiva's new and enhanced risk rating system, along with a chart showing the relative magnitude of the overall changes for Kiva's portfolio.  To view that, please go here: http://www.kiva.org/updates/kiva/2011/09/07/kiva-risk-ratings-now-with-half-stars.html.
 
HOPE Ukraine has been informed of our analysts’ findings and their corresponding change in rating.

Kiva HelpRepayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Dec 16, 2006 Oct 12, 2005
Total Loans $3,363,025 $280,713,025
Amount of Raised Inactive Loans $0 $10,525
Number Of Raised Inactive Loans 0 17
Amount of Paying Back Loans $708,500 $76,564,275
Number Of Paying Back Loans 380 92,262
Amount of Ended Loans $2,654,525 $204,138,225
Number Of Ended Loans 2,433 280,125
Delinquency Rate 0.41% 2.45%
Amount In Arrears $2,085 $1,254,316
Outstanding Portfolio $510,764 $51,149,836
Number of Loans Delinquent 8 11,545
Default Rate 0.00% 1.12%
Amount of Ended Loans Defaulted $0 $2,280,201
Amount of Ended Loans $2,654,525 $204,138,225
Number Of Ended Loans Defaulted 0 6,779
Currency Exchange Loss Rate 0.00% 0.00%
Amount of Currency Exchange Loss $0 $12,824
Refund Rate 0.35% 1.24%
Amount of Refunded Loans $11,650 $3,477,150
Number Of Refunded Loans 11 4,129

Kiva HelpLoan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans To Women Entrepreneurs 72.21% 74.90%
Average Loan Size $1,193 $389
Average Individual Loan Size $1,195 $618
Average Group Loan Size $842 $1,631
Average Number Of Entrepreneurs Per Group 2.3 8
Average GDP Per Capita (PPP) in Local Country $8,000 $3,402
Average Loan Size / GDP Per Capita (PPP) 14.92% 11.42%
Average Time To Fund A Loan 2.64 days 3.96 days
Average Dollars Raised Per Day Per Loan $452.34 $98.13
  Average Loan Term 6.92 months 9.26 months

Kiva HelpJournaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 915 131,404
  Journaling Rate 35.90% 39.40%
  Average Number Of Comments Per Journal 0.37 0.16
  Average Number Of Recommendations Per Journal 5.52 4.21

Kiva HelpBorrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI Peers in Country All Kiva Partners
  Average Interest Rate and Fees Borrowers Pay (Portfolio Yield) 52.40% 52.40% 36.11%
  Average Partner Return On Assets (Average Profitability) -14.8% -14.8% -1.45%
  Average Loan Size (% of Per Capita Income) 22.25% 218.60% 43.69%

Kiva HelpCountry Fast Facts

Field Partner Staff

Andre Barkov
Anya Elliott
Jason Elliott
Nadezhda Grinkevich
Alanna Heath
Olga Lutsenko
Paul Marty
Liz Myrick
Maxym Oliferovski