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Elena is married with one child. She sells men's clothing at one of the open markets in Melitopol, Ukraine. Elena has been in this business for 10 years. She was motivated to open a second location due to her growing experience and the constant demand for the goods she sells. The new location will not only increase her sales and profit, but give another person a job and a stable income.

Elena requests a 21,000 UAH loan to help her open the second location. She has used business loans previously and considers them very helpful.

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 $2,650 helped Elena to open new business location.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 16, 2011
Jan 5, 2012
Currency Exchange Loss:
Jun 17, 2013