HOPE Ukraine/Nadiya, a partner of HOPE International
Ukraine
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.
September 11, 2011 Update
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.
| 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 |
| 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 |
| 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 |
| 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% |
- Country:
- Ukraine
- Capital:
- Kyiv (Kiev)
- Official Language:
- Ukrainian (official) 67%, Russian 24%, small Romanian-, Polish-, and Hungarian-speaking minorities
- Population:
- 46,710,816
- Avg Annual Income:
- $8,000
- Labor Force:
- agriculture: 24%, industry: 32%, services: 44%
- Population Below Poverty Line:
- 29%
- Literacy Rate:
- 99.7%
- Infant Mortality Rate (per 1000):
- 9.9 deaths deaths
- Life Expectancy:
- 69.98 years years
Field Partner Staff
Andre BarkovAnya Elliott
Jason Elliott
Nadezhda Grinkevich
Alanna Heath
Olga Lutsenko
Paul Marty
Liz Myrick
Maxym Oliferovski
Kiva