A loan of $2,500 helped to expand the assortment of bicycle parts and household goods in his shop.


Gennadyi's story

Gennadyi has received several Kiva loans in the past. He was very impressed with the effectiveness of these loans, and therefore decided to ask Kiva lenders for help once again. Gennadyi used his previous Kiva loans to purchase additional bicycle parts and accessories, thanks to which the number of his customers grew. By combining his new profits with previous savings, Gennadyi was able to purchase a Lanos automobile.

Presently, Gennadyi needs a loan of 20 000 hryvnia in order to further expand his assortment of bicycle parts and household goods. This year, two of his sons will begin their post-secondary education. It will be difficult to pay for their studies at the same time, and so Gennadyi needs money now more than ever.

Gennadyi is a very hard-working person. He is ready to work overtime in order to provide for his family and children.

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Translated from Russian by Kiva volunteer Nikita Avvakumov



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