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Ibolya is a single mother who is raising her daughter herself. She works hard to ensure a decent livelihood for her small family. Ibolya started her business 10 years ago, when the used-clothing business was only getting started in Ukraine. Even today, there is still little competition at the market where she sells her inventory. This business is her family's only income.

Ibolya has used business loans before and finds them very helpful. She has been able to expand her business locations from one to three sites. Ibolya is requesting a loan of 15,000 UAH to increase the variety of her inventory. She would like to purchase more warm clothing and increase her 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
  • 5
    View loans »
    Ukraine Loans Fundraising
  • $6,552,350
    Funds lent in using Kiva
  • 7.9
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,900 helped Ibolya to increase inventory variety.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Oct 11, 2010
Oct 26, 2010
Currency Exchange Loss:
Apr 15, 2011