Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.

Status update - August 2, 2018

Kiva has decided to finish the partnership with Hope Ukraine after nearly 12 years and more than $6.5MM in loans. We have appreciated our long, fruitful partnership with Hope Ukraine. However, we have recognized that Hope Ukraine is now more financially sustainable and sees a relatively high loan expiration rate on Kiva's website, therefore we believe that our funding is not the best suited for the organization moving forward. The partnership is now in inactive status, which means Hope Ukraine is no longer fundraising loans on Kiva, though Kiva fully expects the partner to continue to send repayments owed to Kiva lenders as long as the partner has an outstanding balance. We thank Hope Ukraine for the years of collaboration and wish them success in their future endeavors.

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.

HOPE Ukraine’s initial focus was on small traders and entrepreneurs. Over time, services were expanded to other client segments. Today HOPE Ukraine provides financing for the diverse needs of its clients – notably agriculture (open farming & greenhouses) – and home renovations, including for home energy saving purposes, while maintaining its support to small traders. 

To learn more about HOPE Ukraine, visit this website or send an email to For more about HOPE Ukraine’s parent organization HOPE International, visit

Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Dec 16, 2006 Oct 12, 2005
Total Loans $6,626,250 $1,963,391,405
Amount of raised Inactive loans $0 $623,050
Number of raised Inactive loans 0 271
Amount of Paying Back Loans $0 $155,983,140
Number of Paying Back Loans 0 182,346
Amount of Ended Loans $6,626,250 $1,776,188,995
Number of Ended Loans 4,862 2,383,143
Delinquency Rate 0.00% 11.21%
Amount in Arrears $0 $10,545,215
Outstanding Portfolio $0 $94,056,681
Number of Loans Delinquent 0 43,938
Default Rate 0.43% 1.82%
Amount of Ended Loans Defaulted $28,752 $32,352,693
Number of Ended Loans Defaulted 28 84,927
Currency Exchange Loss Rate 5.38% 0.49%
Amount of Currency Exchange Loss $356,796 $12,028,211
Refund Rate 0.30% 0.54%
Amount of Refunded Loans $19,900 $10,528,825
Number of Refunded Loans 14 9,602

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 68.37% 78.25%
Average Loan Size $1,363 $392
Average Individual Loan Size $1,363 $589
Average Group Loan Size $0 $1,893
Average number of borrowers per group 0 8.3
Average GDP per capita (PPP) in local country $8,200 $5,599
Average Loan Size / GDP per capita (PPP) 16.62% 7.00%
Average Time to Fund a Loan 5.19 days 8.94 days
Average Dollars Raised Per Day Per Loan $262.62 $43.84
  Average Loan Term 10.39 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 2,426 1,181,957
  Journaling Rate 42.02% 42.25%
  Average Number of Comments Per Journal 0.17 0.02
  Average Number of Recommendations Per Journal 2.27 0.57

Borrowing Cost Comparison (based on 2016 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 41% PY 41.00% PY 27.02% PY
  Profitability (return on assets) 4.4% 1.1% -3.03%
  Average Loan Size (% of per capita income) N/A 46.00% 0.00%

Country Fast Facts

Lending Partner Staff

Leah Lynch