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Sergey is married with two grown children. He is a businessman from Novomoskovsk. Sergey sells bags, backpacks, suitcases, etc. He also offers leather accessories repair services. His wife is a KIVA borrower, too. Currently, Sergey has 80,000 Grivnyas in inventory. His income amounts to 15,000 Grivnyas a month.

Sergey is seeking a 12,000 Grivnya loan to purchase merchandise for his new store location. Sergey started his business as a small market vendor 2 years ago. Recently, he switched his sales location from the marketplace to a rented facility in a local mall called "City" in downtown Novomoskovsk. The floor space is about 861 square feet. Sergey works hard to help his family. His 2 year old grandson has a serious blood disorder and Sergey tries to make enough money to supply him with the necessary medication.

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 $1,525 helped Sergey to purchase merchandise for his new store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jul 23, 2010
Aug 5, 2010
Currency Exchange Loss:
Mar 24, 2011