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Oleg has a little business selling a variety of tools and accessories in the auto parts section of the busy Central Market in Melitopol, Ukraine. He has a nice location at the market that is convenient and offers good visibility to passing customers. Oleg has been in business for about eight years. He has established good relations with his co-workers in the market and has a loyal client base. Not married at the moment, he is making preparations to have a family in the future.

Oleg has requested a loan of $800 to purchase new inventory. The ability to buy more inventory at low prices will give Oleg the opportunity to increase his profits and continue developing a successful enterprise while improving his standard of living.

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
  • 5.0
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Oleg purchase more inventory for his business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 31, 2008
Mar 15, 2008
Currency Exchange Loss:
Jul 18, 2008