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Gennadyi is a businessman from Berdyansk. He sells outerwear and sportswear in one of the local marketplaces in his home town. Gennadyi launched his enterprise ten years ago. Presently, his working capital is 50,000 UAH. His monthly income amounts to 10,000 UAH.

Gennadyi is seeking a loan of 11,000 UAH to increase his assortment of merchandise and his turnover capital as a result. Gennadyi believes that a wide assortment of clothing items will help him meet his customers’ needs and provide superior service. Satisfied customers will be more likely to return to buy from his kiosk and will also speak positively about his business to others, leading to further growth in his sales.

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
  • 6
    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 $1,400 helped Gennadyi to increase his assortment of merchandise.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Sep 1, 2010
Oct 1, 2010
Currency Exchange Loss:
May 15, 2011