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Alexander is married. He has 3 daughters and a son. He lives in Novomoskovsk. Alexander sells bread and baked goods in his hometown. He uses high tech equipment, cheap power resources, a special dough formula and quality grain, which helps him have a favorable standing in this market. Alexander has another big advantage: one of his biggest competitors has just withdrawn from the market, leaving him more freedom to grow his venture.

Alexander has been running this business for 2 years. His exclusive product and hard work have helped him make his business a success with about 150,000 Grivnyas in turnover capital. Alexander is seeking a loan of 14,500 Grivnyas to further develop his business and to make it run more efficiently.

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
  • 1
    View loans »
    Ukraine Loans Fundraising
  • $6,441,575
    Funds lent in using Kiva
  • 8.0
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Alexander to develop his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 23, 2009
Dec 16, 2009
Currency Exchange Loss:
Jun 15, 2010