Partner Description:

HOPE International, a Christian faith-based nonprofit organization, has been operating in Ukraine since 1997. HOPE Ukraine was the organization’s first international venture. Since its inception, over 30,000 loans have been distributed throughout the country. Known as Nadiya (“hope”) in Ukrainian, the microfinance institution maintains 16 branches in towns across the country. The central administrative office is located in Kiev.
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. HOPE also runs children’s camps throughout the summer to serve communities where there are few churches or other opportunities for ministry.
To learn more about HOPE Ukraine, visit its website or send an email to For more about HOPE Ukraine’s parent organization HOPE International, visit

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:
HOPE Ukraine has been informed of our analysts’ findings and their corresponding change in rating.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Dec 16, 2006 Oct 12, 2005
Total Loans $5,344,550 $590,493,925
Amount of raised Inactive loans $1,150 $760,725
Number of raised Inactive loans 1 618
Amount of Paying Back Loans $743,675 $122,947,725
Number of Paying Back Loans 348 130,861
Amount of Ended Loans $4,599,725 $466,785,475
Number of Ended Loans 3,620 593,552
Delinquency Rate 1.00% 4.24%
Amount in Arrears $5,216 $3,465,940
Outstanding Portfolio $520,791 $81,785,048
Number of loanDelinquent 17 16,779
Default Rate 0.05% 1.15%
Amount of Ended Loans Defaulted $2,300 $5,349,645
Amount of Ended Loans $4,599,725 $466,785,475
Number of Ended Loans Defaulted 6 16,827
Currency Exchange Loss Rate 1.65% 0.09%
Amount of Currency Exchange Loss $88,187 $536,772
Refund Rate 0.27% 0.77%
Amount of Refunded Loans $14,175 $4,537,625
Number of Refunded Loans 12 5,064

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 70.27% 74.17%
Average Loan Size $1,345 $418
Average Individual Loan Size $1,346 $656
Average Group Loan Size $842 $1,828
Average number of borrowers per group 2.3 8
Average GDP per capita (PPP) in local country $8,000 $3,430
Average Loan Size / GDP per capita (PPP) 16.81% 12.19%
Average Time to Fund a Loan 4.28 days 5.59 days
Average Dollars Raised Per Day Per Loan $314.36 $74.77
  Average Loan Term 8.29 months 10.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1,738 295,681
  Journaling Rate 40.21% 42.39%
  Average Number of Comments Per Journal 0.21 0.08
  Average Number of Recommendations Per Journal 2.92 1.87

Borrowing Cost Comparison (based on 2012 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 54% PY 41.00% PY 33.46% PY
  Profitability (return on assets) 6.7% 1.1% -1.39%
  Average Loan Size (% of per capita income) 40.20% 46.00% 41.11%

Country Fast Facts

Field Partner Staff

Andre Barkov
Nadezhda Grinkevich
Olga Lutsenko
Paul Marty
Liz Myrick
Maxym Oliferovski