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Like many entrepreneurs in Ukraine, Elena’s dream was to be self-employed. With help and encouragement from her mother-in-law, almost a year ago Elena was able to open a kiosk where she sells clothing and various household items at the small market in Vasilievka. She has seen positive growth in her business and would like to see it continue to develop and bring higher returns to support her family. Elena’s business is the main income generator for her family.

Elena’s entrepreneurial spirit and diligence in her work help attract repeat customers to her kiosk. She is pleased to meet the demand of customers and strives to weekly update her product selection.

Elena is requesting a loan for $500 to purchase a variety of household goods that she will be able to offer her clients. She has proven to be a strong and reliable client though her partnership with Nadiya Ukraine, and we are looking forward to seeing how her business will continue to develop.

Additional Information

About HOPE Ukraine

HOPE International, a Christian faith-based non-profit organization, has been operating in Ukraine since 1997. HOPE Ukraine was the organization’s first international venture. 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.

About Ukraine

  • $8,200
    Average annual income
  • 10
    View loans »
    Ukraine Loans Fundraising
  • $6,534,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Elena to increase working capital.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jun 10, 2007
May 24, 2007
Currency Exchange Loss:
Nov 30, 2007