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Oleg is married and has two teenage daughters. He sells bicycles, spare parts, and other cycle supplies at the hardware market in Berdyansk. He has been in this business for 13 years and just likes selling bicycles. Besides good products, Oleg offers his customers bicycle maintenance services. People value this kind of service and recommend Oleg to their friends.

Oleg has used business loans before and finds them instrumental in developing his business. Prompt loan repayment and self-discipline have characterized Oleg in the past. This time, Oleg is requesting a loan of 20,000 UAH to increase his inventory of bicycles and various components. Financial assistance will continue to promote the growth of his business and give many bike-lovers the extra moments of joy, speed and adventure that come with riding.

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
  • 10
    View loans »
    Ukraine Loans Fundraising
  • $6,534,900
    Funds lent in using Kiva
  • 7.9
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,525 helped Oleg to purchase bicycles and components for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 16, 2010
Mar 20, 2010
Currency Exchange Loss:
Oct 15, 2010