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Olena is married with two children. She is an entrepreneur from Uzhgorod. Olena sells children's clothing in one of the local markets. She launched her business five years ago. Currently, she earns 5,000 UAH of net profit each month.

Olena is seeking a loan of 10,000 UAH to purchase additional merchandise for her kiosk. She typically will buy inventory wholesale from her suppliers for retail sale. This allows her to maintain an adequate amount of inventory on hand and to easily update her product selection if an item is selling well or not moving quickly enough. The current loan will continue to benefit Olena's business and provide much needed income for her and her family.

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
  • 12
    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 $1,275 helped Olena to purchase merchandise to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 13, 2010
Jul 25, 2010
Currency Exchange Loss:
Feb 15, 2011