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Michailo is married with one small daughter. He sells various types of men's and women's clothing, such as shoes, slippers and bath robes. Michailo has been in this business for eight years. During this time, he was able to open two business locations and gain a large base of repeat clients.

Michailo is a hardworking person; he wants to develop his business further. Michailo would like to receive 10,000 UAH to increase his assortment of clothing for sale. He hopes to receive additional income and improve his family's living conditions.

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
  • 8.1
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Michailo to increase the assortment of inventory.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Dec 23, 2009
Jan 22, 2010
Currency Exchange Loss:
Feb 15, 2010