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Olena is married and has a son. She works hard to be able to provide for her family and pay all the bills, especially in this time of financial crisis in Ukraine. Olena runs a small vending business selling clothing items and footwear in the central market in Belaya Tserkov. She has been in the trade for over 2 and half years. Presently, she has about 15,000 Grivnas invested in inventory. Her net profit exceeds 2,200 Grivnas.

Olena is hoping to use the loan of 5000 Grivnas to purchase additional better quality merchandise at wholesale price which would help her increase proceeds from sales. Olena could double her inventory since she had got her first loan. Moreover, profit generated would help her continue saving for her own housing which has been Olena’s dream for many years.

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
  • 6
    View loans »
    Ukraine Loans Fundraising
  • $6,552,350
    Funds lent in using Kiva
  • 8.3
    Ukraine Hryvnia (UAH) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Olena to purchase additional merchandise.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Feb 13, 2009
Feb 20, 2009
Currency Exchange Loss:
Feb 15, 2010