Kiva conducts regular, ongoing monitoring of all Field 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 Field Partner All Kiva Partners
  Start Date On Kiva Dec 16, 2006 Oct 12, 2005
Total Loans $6,626,250 $1,422,459,850
Amount of raised Inactive loans $0 $1,254,800
Number of raised Inactive loans 0 167
Amount of Paying Back Loans $0 $154,127,475
Number of Paying Back Loans 0 196,435
Amount of Ended Loans $6,626,250 $1,267,077,575
Number of Ended Loans 4,862 1,638,192
Delinquency Rate 0.00% 26.26%
Amount in Arrears $0 $25,778,315
Outstanding Portfolio $0 $98,153,624
Number of Loans Delinquent 0 124,947
Default Rate 0.43% 1.76%
Amount of Ended Loans Defaulted $28,752 $22,253,879
Number of Ended Loans Defaulted 28 53,975
Currency Exchange Loss Rate 5.38% 0.39%
Amount of Currency Exchange Loss $356,796 $5,566,508
Refund Rate 0.30% 0.63%
Amount of Refunded Loans $19,900 $8,904,825
Number of Refunded Loans 14 8,424

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 68.37% 76.54%
Average Loan Size $1,363 $394
Average Individual Loan Size $1,363 $612
Average Group Loan Size $0 $1,763
Average number of borrowers per group 0 7.8
Average GDP per capita (PPP) in local country $8,200 $5,740
Average Loan Size / GDP per capita (PPP) 16.62% 6.87%
Average Time to Fund a Loan 5.19 days 7.2 days
Average Dollars Raised Per Day Per Loan $262.62 $54.76
  Average Loan Term 10.39 months 11.38 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 2,426 901,335
  Journaling Rate 42.02% 43.91%
  Average Number of Comments Per Journal 0.17 0.03
  Average Number of Recommendations Per Journal 2.27 0.71

Borrowing Cost Comparison (based on 2016 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 41% PY 41.00% PY 25.79% PY
  Profitability (return on assets) 4.4% 1.1% -2.17%
  Average Loan Size (% of per capita income) 40.20% 46.00% 12.51%

Country Fast Facts

Field Partner Staff

Andre Barkov
Andre Barkov
Anya Elliott
Jason Elliott
Nadezhda Grinkevich
Alanna Heath
Olga Lutsenko
Leah Lynch
Arna McArtney
Maxym Oliferovski
Sarah Rutt