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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 a leather accessories' repair service. Currently, Sergey has 90,000 Grivnyas in inventory. His income is 8,500 Grivnyas a month.

Sergey started his business as a small market vendor 3 years ago. Then he switched his sales location from the marketplace to a rented facility in a local mall called "City" in downtown Novomoskovsk. Sergey has a granddaughter who was born a few months ago. He loves her very much and babysits sometimes.

Sergey is seeking a 20,000 Grivnyas loan to increase his product range. He is hoping to receive additional income and to help his child raise his granddaughter.

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 $2,525 helped Sergey to increase his range of products.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jan 17, 2011
Feb 8, 2011
Currency Exchange Loss:
Nov 15, 2011