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Viktor Korol' is married with two daughters. He is a businessman from Kahovka. He runs a business offering shoe repair services at two locations in his home town. Viktor was forced to start this enterprise after the collapse of Soviet Union when his family had many financial needs. He has been in this trade for 15 years. His working capital amounts to 18,000 UAH. Monthly net profit is about 5,500 UAH.

Viktor is seeking a loan of 10,000 UAH to purchase additional raw materials and supplies for his shoe repair business. Viktor likes his work and is hoping to see his venture grow further and expand even more. Viktor is known as an entrepreneur of integrity and determination. We believe his commitment to his venture and personal characteristics will help him repay the current loan without any problems.

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
  • 6
    View loans »
    Ukraine Loans Fundraising
  • $6,552,350
    Funds lent in using Kiva
  • 8.2
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Viktor to purchase additional supplies for his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 2, 2009
Oct 24, 2009
Currency Exchange Loss:
Mar 15, 2010