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Irina has an established business selling women’s clothing in the city of Simferopol in southern Ukraine. She currently has five vending locations at a huge outdoor market where hundreds of vendors sell all sorts of items. Irina started her business about 20 years ago. She has an entrepreneurial mind, and she has worked hard to develop her business. Buying clothing inventory from Turkey, where she can get better prices, is one way in which she is able to gain a competitive business advantage. Moreover, she is planning on bringing goods in from China. Irina is married, and she has a 20-year-old daughter. One of her goals for the future is to purchase a house for her family.

Irina is requesting a loan of 5,000 Ukrainian Griven ($1,050) in order to open yet another sales location. With an additional location in which to sell her goods, she will be able to increase her sales and will continue to provide a better life for her and her family.

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
  • 12
    View loans »
    Ukraine Loans Fundraising
  • $6,534,900
    Funds lent in using Kiva
  • 4.8
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Irina to further expand her business by opening a sixth vending location.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 29, 2008
May 14, 2008
Currency Exchange Loss:
Sep 20, 2008