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Vera is married with two grown-up children. She owns a small bakery located in a village close to Ivano-Frankivsk city. Eleven years ago she lost her job of pastry-cook because the company she worked for closed. Vera decided to start working on her own.

Vera was able to purchase an old building and turn it into a bakery. Absence of competitors enabled Vera's business to grow fast. She still owns the only bakery in this village. This is a family business that brings in a stable income. Vera would like to borrow 15,000 Ukrainian Hryvnias (UAH) to purchase five tons of flour. She will use it in her bakery over several months.

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
  • 8.0
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,900 helped Vera to purchase five tons of flour.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 8, 2011
May 6, 2011
Currency Exchange Loss:
Jun 15, 2011