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Larisa is a widow with two grown children. She worked at a shoe factory, however, it went bankrupt and Larisa was downsized. This is when she started considering being a private entrepreneur. Larisa launched her small enterprise back in 2000. She lost her husband due to the wrong diagnosis which caused his sudden death. Larisa was forced to find ways to provide for her kids and decided to start a small retail business in her hometown of Belaya Tserkov. Larisa sells household chemicals, perfumes, shampoos, souvenirs, etc. She owns a small retail store and works extra hours to earn additional income. Larisa has 30,000 Grivnyas worth of inventory. Her gross monthly income amounts to 10,000 Grivnyas.

Larisa is requesting a loan of 10,000 Grivnyas to purchase new merchandise, i.e. cosmetics and wall clocks. Better selection of inventory will result in higher demand and more stable income as well. Larisa is very enterprising and determined. She is ready to work extra days and hours to ensure a better living for her children who have become the center of her life.

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 $1,275 helped Larisa to purchase new merchandise.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Apr 13, 2010
Apr 23, 2010
Currency Exchange Loss:
Dec 15, 2010