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Olga is a small entrepreneur from Pavlograd where she sells furniture in one of the local malls. She is married and has two daughters who are 22 and 7. Olga’s little store is known for its nice selection of good quality furniture pieces. Moreover, it has a favorable location which makes it very convenient for potential customers. Olga has been in the trade for three years. Her business has grown up to 70,000 Grivnyas in turnover capital. Her monthly profit amounts to 6,000 Grivnyas.

Olga is seeking a loan of 15,000 Grivnyas to open her second vending location. She has proved to be a reliable borrower as she has promptly repaid all previous loans without any delinquencies. Olga is hoping to keep her business sustainable and grow it consistently as she seeks to provide for her family’s needs and make sure they have everything they need.

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
  • 13
    View loans »
    Ukraine Loans Fundraising
  • $6,534,900
    Funds lent in using Kiva
  • 7.6
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,975 helped Olga to open a new vending location.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jun 12, 2009
Jul 11, 2009
Currency Exchange Loss:
Mar 15, 2010