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Varvara is married with a grown daughter. She is an entrepreneur from Zaporozhye where she works in the local market called Angolenko. She sells women’s outerwear and has already gained loyal clientele thanks to the variety of merchandise she has for sale and affordable prices.

Varvara has been running this business for fifteen years. Presently, she has 30,000 Grivnyas in turnover capital and about 3,000 Grivnyas in net profit every month.

Varvara is seeking a loan of 13,800 Grivnyas to purchase additional seasonal merchandise. All the loans she received prior to the current loan have had a big impact on her business and she is excited to be able to use additional funding to increase her sales even further.

This available capital will give Varvara the resources and flexibility to buy inventory in greater volume, allowing her to have more time and energy to focus on expanding her business.

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
  • 9
    View loans »
    Ukraine Loans Fundraising
  • $6,534,900
    Funds lent in using Kiva
  • 8.4
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,650 helped Varvara to purchase seasonal clothing.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Aug 12, 2009
Aug 26, 2009
Currency Exchange Loss:
Jul 15, 2010